Hi all, had a few questions about my condo in Encinitas which I originally purchased for $430k and maximizing tax benefits when I turn it into a rental in the coming year.1) How do I figure out my adjusted cost basis ...
anyone willing to go over a investment report with me to see if this is a good deal or not?Purchase Analysis & Returns PURCHASE Purchase Price: $ 120,000 Purchase Costs: + $ 3,750 Rehab Costs: + $ 10,000 Total Cas...
Looking for someone that is proficient at estimating rehab costs. Thank you!
I am looking at buying a sfh rental in Oakland County and trying to calculate the proforma property taxea as an investor. If I use the calculator on the state website https://treas-secure.state.mi....If the ourchase p...
I have completed the beginning stage of my first "live-in flip" here in Anchorage Alaska. We have fixed up a house that we want to live in for 2-5 years, and I am proud to say I am done with the "fix-up" portion! Purc...
Hello,
I am currently trying to purchase my first property and have found myself in a bind. I have found an off market triplex (2x 1b/1ba, 1x 2b/1ba) that needs new kitchens and bathrooms in all units and some work o...
In the *rare* event a mortgage is called due on sale by the lender, typically the options are to 1. refinance, or 2 cut a check for the remaining balance of the loan, correct? #2 isn't really an optionIn the eventuali...
Fellow BP Investors,I'm trying lock down accurate numbers on the buy / selling transaction costs associated on a flip. I would love some advice / knowledge on the following costs:BuyingEscrow = Attorney = Title Insur...
Hello, I’m flipping my first house with a partner. Close on it next week. We are paying for the house and renovations with cash and looking for advice on how to keep track of all the renovation costs since we will be ...
Hello investor friends! I hope all your ventures are going well,I am beginning a new construction project and was wondering what the average cost is for site prep.The lots are flat at .023 acres each. Only one obstac...