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I'm under contract on a property. I'm assuming if I want to get bonus depreciation on my tax return in 2025, I will need to have a cost segregation analysis done by Dec 31. Is that right? How do I get one done? I've h...
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My husband and I are planning a deal with 2 of our friends who are experienced real estate investors. We have a 4 unit out of state deal lined up in Pittsburgh, PA and need to create a legal contract prior to executin...
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Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...
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Hello everyone, my name is Nick. I live about 50 miles west of Chicago in Yorkville, IL. I've come to Bigger Pockets to meet some new people and learn more about real estate investing, specifically finding buy and h...
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My wife and I purchased our first property (a C-class fourplex) in 2017 which we house-hacked for three and a half years. This spring we sold that property to do a 1031 exchange and bought two B-class fourplexes in a...
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We pay for qualified leads in our area for motivated off-market home sellers. But it seems like the majority of the distressed seller leads that come through are "shopping around" for multiple offers. We may be the 3r...
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Recently added a bathroom and closet to a rental property - work was mediocre (largely due to GC subcontracting out to someone shady) but everything got done and works - tenants move in this weekend.
Here's the dilem...
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Hello BP,
I have heard some investors mention they try to be present when the appraiser shows up at a home they have recently rehabbed and are selling, to make good with the appraiser and discuss all the impr...
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If you all read my previous post you know I just acquired a 4 unit building in rural North Carolina. We discussed plans to raise the rent, allocate utilities to the tenants, pet fees, etc...Well I just met with all of...
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Finally! After much anticipation, my first major renovation and long distance investment property is completed!
The Buy: In April of 2021, I embarked on a significant project to rehab a 100 year old duplex in my hom...