Curious as to what IRR you look for in a value add MF. I spent an hour or so building a model with some guestimates. Kinda curious how far off I would be. With no rehab I estimated the IRR to be 12% and w/ rehab 22%.H...

Hello BPers. Mu question today is, should I build a much needed master bedroom to the home I recently bought, or keep my money for future real estae purcheses?Here is the scenario: I bought my first home in Colorado, ...

Hi,I own a multifamily property in Inglewood, CA. It was originally built as a 6 unit ( 6x 2br) in the 1960s. In the late 80's the owner converted it into 4 units (2x2br 2x5br) in order to get a conventional loan refi...

Hi, I wanted to share my experience of building a cabin up in the smoky mountains remotely from Florida.
Back in October 2020 I went up to TN to view a recently completed cabin by a builder that was beautiful then w...

Good Afternoon!  I have experience with 2-4 unit residential but working on transitioning to focus my investing in bigger unit buildings and I have a few questions on a property that came across recently.  It's only a...

When considering investing in a commercial property, air rights are definitely something investors should consider for future expansion of their properties. WHAT ARE AIR RIGHTS?What does it mean when someone refers to...

Hello,
I currently live in California and am looking to buy my first rental and trying to decide which state and strategy I should pursue to start.
A little about me:
-W2 (remote) - not sure how long will last, so ...

Hi BP!

I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.

My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...

By sheer force I've learned the hard way where you can, cannot and should consider purchasing a permittable vacation rental on the Oregon Coast. Partially by circumstance, albeit those that I created, I will confident...

I got a call the other day from a cost segregation firm.  He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year.  This is due to taking advantage of bonus depreciati...