For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
I've been reflecting back as it is about a year now, since I began shopping for my 1031 exchange. Back then, I pivoted out of an owner occupied Los Angeles office building (that I had owned for 15 years), into 3 multi...
Hello who ever reads this!I have been listening to Bigger Pockets for a few months now, getting ready for my first investment opportunity on Vancouver Island (west coast Canada). I just graduated university and am loo...
I have a 40 foot cottonwood on my lot, but very close to the property line.
It's been dead for a couple years, and is starting to lean a bit toward the neighbor's yard.
The Arborist says he needs a crane to remove it...
Can’t help but feel like a complete idiot as a first time buyer in this market but nervous and excited at the same time!
For context, I’ve been actively in the market for a small multifamily for about 7 months now. B...
So in seeking wholesale deals, I came across an investor looks to sell two apartments with 5 total units in a decent area of Baltimore (Greektown). All of the apartments are currently being rented, however, when vi...
Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
Hi All, Although I eventually plan to be much more involved as a real estate investor, my immediate need is for some advice on selling my home quickly FSBO and maximizing profit without paying a 5% commission (amounts...
Hello BP,
I am in the middle of my first ground-up development deal - a 48-unit ground up MF - and need help determining if I am in fact insane for thinking I can do this as my first deal.
My partner and I recently...
I am new to real property investing. My experience has been with platforms like Fundrise that does the work for you with their own portfolio. I make 16k a year with a roommate that makes 9k a year, for a total annual ...