Cory Howes
Appraisal outcomes are messing up the BRRRR strategy, Why?!
Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...
Yatin G.
Bonus depreciation and cost segregation
Have a few questions 1. Can you buy a property as a vacation home (10% down) , use it for personal use for 2 weeks in the year and use it as STR for rest ?2. Can you do a cost segregation on this property and use it f...
Susan Morgan
Renovations Help!!
Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
Justin Foley
Budding investor from Las Vegas
Hi there, my name is Justin and I am really stoked to have join. I have been reading day in and day out to find out as much as I can about rehabbing properties for the past 5 months. I have been a victim of analysis p...
Jane S.
High closing costs! SFR to rent.
Estimated closing costs for a $450K SFR in good location, its in "ok" condition with 17 inspection faults. (There were 10 more but didnt ask seller to fix them, my handyman can do it.)And closing costs are around $180...
Eric Turner
I have $50k cash ready to invest and $50k in liquid assets.
I am curious where I should start. I have been studying and going in and out of interest in real estate investing for literally 19 years without ever doing a deal or taking the next step.This is going to be long. My g...
Mike Matthews
MY GIFT TO BIGGER POCKETS MH INVESTORS
This is one chapter from the book I am writing and will be included in my mentoring program in the future. Give me your input or ideas please.
There are several reasons why I believe tha...
N/A N/A
Questions about Lease Options
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
Forrest Williams
Back Splash Assistance
My back splash edges were not finished correctly, and I'm looking for some tips to clean them up. Right now they are grouted at a 45 degree angle on the edges, and while I was assured they would look good when they we...
Account Closed
Usury
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...