In looking at the Minneapolis market, many multifamily homes are built around the 1900s. This is going on 122 years old, which means many harsh winters, degradation, foundation issues, etc. Many have boiler heat and A...
Howdy Investors,Hope all going well. It's been some time since I posted last one and so I thought this story would make it an interesting discussion. If you are following me or my post in BP, in my last update, I ment...
The bottom unit of my duplex is a 2BR and both bedrooms are on one circuit breaker. Most of the other breakers are a 20V but this one is a 15V. The tenant says that it keeps flipping and all he has plugged in is a mod...
Hi! I am in the process of trying to purchase my 1st multi family house hack.
My plan is to take a HELOC on my current single family home & rent it out. And move I to the multi-family.
I reached our to a mort...
In real estate investing "OPM" is thrown around so much like it's just some magical thing. You just wish for it, and it shows up on your lap. It just doesn't magically appear. Yet in everything, it gets tossed around ...
Hey everyone!
This is mainly for those who have recently built or got contractor/builder quotes for building an ADU. I am curious as to what your are finding the current building costs are?
I am working on putting t...
I have been doing a lot of research into mobile homes and mobile home park investing lately. As I research I always see parks with a percentage of park owned homes. Is there a general thinking on which is better? I re...
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
If the inspection goes well tomorrow I will be buying a property from a wholesaler(cool person) and I wanted to know if I should get title insurance. I'm buying the property cash and will most likely be putting a mor...