Thoughts on filing Cost Seg for taxes? Is it a good idea? What do you do with the money? What happens if I sell the property before the 27-year depreciation point? (Ideally I want my property to help pay for my kids c...
Hello BiggerPockets Community,
I am Orlando Layugan, a new real estate investor located in Hawaii. Currently reading and communicating with others while creating a plan to go into the BRRRR strategy.
1) H...
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I have a much more detailed spreadshseet analysis and CMA of this property to provide...
I'm looking at several HomePath properties in more amenable markets than my own and many will require some degree of repair before their rent-ready.
My question to you guys is how would you best advise on ...
Hello! My husband and I are under contract on a 10 unit building. The owner told us the building probably needed a new roof, and the inspector told us that it’s a dire need at this point. It’s been patched and neglect...
I am getting ready to have a roof replaced ($8,500) and the estimate list materials and labor separately. I know the roof would be a capital improvement but it got me think that labor isn't a depreciating asset. That ...
hello BP...I'm new to REI and I'm trying to get a grasp of rehabbing costs...one of the better ideas I've learned is to save all products bought and or used to use as a template to copy for future rehabs. This makes i...
I am looking into my first flip. The purchase price is 107,500 it needs 35k for rehab, holding costs, realtor fees etc. The comps indicate an ARV of 180k-190k should I go for it?
Hi all, I'm a new comer to BP but have been following for a couple of years. We're getting close to our first purchase (duplex to house hack) and we're working with a lender who our realtor recommended. The lender pro...
Hi Everyone!Hoping to get some answers on how much to plan for these items to cost:- Closing cost - title policy- Property Inspection per unit- Lead paint inspection per unitAll properties would be located in Columbus...