Dear all, my small family contracting business is looking to buy our first industrial property to serve our business. We found the property we like to purchase and made initial contact with the selling agent and our b...

Hi Folks,
I am looking at resort condos. These are owner deeded properties. You own them, not time share. Here are the specific financials.
proposed sale price : $400K
Net operating income
after association dues, ...

I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...

Hi BiggerPockets community!I've been lurking on the site for a while now and have now decided to fully immerse myself into the biggerpockets community by becoming an active member. I just recently finished my educatio...

I am 18 years old and I am interested in buying a owner opperated property in Erie where I will be attending college. I have found many good priced multifamily units and I have about $20,000 for a down payment. Im in ...

Hello everyone!  Myself and 2 partners are getting close to purchasing our first property together and we will first need to form our LLC.  It's pretty simple, 3 ways equally.  We would like some input on the types of...

I had a magnetometry survey (fancy name for an oil tank sweep) conducted at a property I am looking to purchase in Northern New Jersey. The scan detected an anomaly between the grass and driveway. While a metallic foo...

Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...

Hey BP folks!My wife and I are brand new at this. We were laser-focused on executing lease options in the "pretty houses" business in the Maryland-close-to-DC region, mostly because wholesaling just doesn't seem as ap...

I am a 20 year-old college student. Me and three of my friends are looking to buy an investment property. We are all first time home buyers. We each have about $6k to put down and we are looking for single family home...