Diana Frasier
Do I have a case? Sewage back up in newly purchased home
Hi BP Friends, I bought my first rental in San Antonio, TX on 12/31/20. Tenant moved in to start 2 year lease on 3/28/19. Within one week, the plumbing fixtures (toilets, shower, jacuzzi bath, combo shower/tub) backed...
Pathik Thakkar
STR + Flip - does it work?
This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...
Ibrahim Hughes
What kind of cash on cash return are you landlords/multifam buyers looking for these days?
For those that actually use the CoC rate of return to gauge properties. Thanks in advance.
David Maldonado
ADU Appraisal California
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
Darla Powell
Wanting to take the plunge in Miami, Florida.
Hello all,
I am a police officer in Miami Florida and I grow weary. I am considering taking an early retirement ( 16 years of service) and rolling over my retirement into a self directed IRA to invest in RE. ...
Account Closed
4 Unit Multifamily to 6 Units
I'm looking to buy a multi family unit (MFU) with 4 units in PA with FHA. The seller indicated that the attic also could be made into two additional units to make it into 6 total units. Buying the currently MFU with 4...
Account Closed
Canadian Citizen - U.S. Purchase Financing
Hi, as a Canadian citizen living in Canada, I want to invest in U.S. properties. I like the BRRR method but thought of one potential hiccup... to buy the property, I'll use private money, but when I refinance, will a ...
Dolores Waldron
Analyzing a multifamily with the idea of turning it to condo's?
Good Morning,How does one go about analyzing a multifamily flip with the idea of turning it into condo's - eg. a 2 family - Does one analyze it as a regular flip deal with the ARV being much greater due to it being s...
Jason Rogers
Setting Realist Goals
OK, I'm totally new here in Tulsa and kinda new to the real estate market. In that, I mean, It has been over a decade since I owned any properties and they were in a different state. Now that I'm older and wiser; Wha...
Adam Lippa
On demand Vs tank water heaters
Is anyone using on demand systems to heat just hot water instead of the traditional tank? I saw a post from 7 years ago where people weren't hot on the on demand system reliability, but I'm sure they have gotten at ...