Jaron Walling
Tax question for BRRRR investing
I'm planning to BRRRR my next property. What are the limits for tax deductions during the rehab on this type of investment? The property needs $20k worth of capx and repairs but it's move in ready currently.
I read ...
Matthew Horn
Don't wait. The time will never be right.
Hello,one of the most challenging things i have encountered has been taking the first step in REI. I feel that there are an extreme amount of new investors that find themselves asking the same thing i ask my self when...
Mike Fyodorov
To Hold or Sell a Property in Harlem - Hypothetical Question
Hi everyone!I love reading Bigger Pockets and I plan on becoming more active on the forums but for now I wondered if I could pick your brains.Please note I'm aware there are probably more details that are relevant to ...
Cornelius Charles
Southern California 70% rule
Hi all. I’ve learned about the 70% rule when purchasing a property to rehab from multiple sources. This was going to be the rule of thumb that I used when doing a quick analysis of a deal. While trying to expand my...
Rolando De la Cruz
First time home buyers grants? What should I do
Hello, BP community!
Here's my situation, I was going to start a position as a project engineer this upcoming Monday with an annual salary of $72,000. With that income and currently no debt I was able to get pre-ap...
Russell W.
GRM vs. Cap Rate
When determining the value of a 3-4 unit property, which is more useful- the Gross Rent Multiplier or the Capitalization Rate? What do you guys prefer? Why? I'm looking at listings to practice "running the numbers" ah...
Katherine Bickel
Cincinnati/Northern Kentucky beginning Investor
I would like introduce myself. I'm a new investor in the Cincinnati/Northern Kentucky area. I have been on the rental management side for 10+ years. I currently oversee 400+ doors. My husband and I just closed ln our ...
Account Closed
Diving In - First Three Deals!
Hey everybody,
So after almost a year of feeling like a small fish in a big pond in New York City, I decided to go to Philly. One of the BP podcasts mentioned that you may not be able to enter a market like ...
Kyle Jacques
What is the best STR Guest Guide Book?
I am looking to create a guest guide book. I was referred to touchstay.com which seems good but I want to see if there other options that might be better. Thanks,Kyle
Allen Smith
First flip project-How do I prepare the scope of work?
Just got my offer accepted on my first flip property. Have read J Scott's book on estimating rehab costs and listened to tons of BP podcasts. I am unsure of how to prepare the scope of work. We are going to be our ow...