It seems to me that one of the most subjective numbers when analyzing a deal is the improvement/maintenance costs. I have heard a fair number of horror stories regarding inaccurate budget projections. Obviously these ...
Hello BiggerPockets community!My name is Gordon Chang, and I am extremely excited about joining the BiggerPockets community. I am new to the real estate investing world, so I am doing my best to expand my knowledge as...
Hello BP,I am a new investor from Shrewsbury, Ma. I am looking for an off market distressed 3-4 unit multifamily in Worcester, Ma. I plan on using hard money and refinance to a traditional mortgage once the rehab is c...
Hi fellow Bigger Pocket'ers!My name is AJ Weigand, I'm from western Pennsylvania originally but have been residing here in Colorado for the past 3 years! Started out in Colorado Springs, but am now residing in Castle ...
HelloDoes anyone know if the short term rental tax depreciation against w2 income has an income limit?I know there is 150k income limit for long term rentals. Does this apply to short term rentals?Regards mike
Hi everyone,I'm going through the closing process right now on my first investment property, which I will be turning into a vacation rental / AirBnB rental in Fort Lauderdale.Does anybody know or have experience in th...
Hey BiggerPockets family,
I live in an expensive market, Chicago, where the numbers are difficult to make things work for a house hack. The latest BP podcast got me thinking about converting a single family house in...
I'm pretty new to the space and want to buy my first STR within the year. I know there are a lot of scams out there and fake "gurus" to try to sell some BS courses. That said, I also know there are a lot of genuinely ...
Hey everyone, I'm starting to dive deep into the tax benefits of REI and I had a question regarding a cost segregation study and accelerated depreciation. I purchased a long term property in 2022 that has been run by ...
I am seeing 3 companies offering SDIRA services. I see CAMA Plan, Equity and Quest. What are the defining factors that I should be considering when transferring 401k rollover funds to 1 of the companies.The questions ...