Hello,My husband and I are looking to purchase our first investment property. We have been talking to a seller who would like to sell his duplex for 86k (He told me 80k in our first conversation, went up to 86k the ne...
Who here invests because they want to as a hobby? I enjoy my full time job but would like a hobby and investing has always been an interest of mine, it is much easier to get involved with stock investing and I have be...
I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...
What is better commerical or multi famialy? Which one is more profitable? To me it would seem that commerical is more profitable because you dont have much expenses compared to a multi famialy aprtment complex. Is thi...
I have been wanting to expand my rental property portfolio. I have found a few deals. I would like to invest into properties with 5 or more units. I don't have the capital to afford the downpayment for a conventional ...
If I sell a property with a $200k gain does my $708k cost segregation loss offset that gain?For example -$708k loss+$200 gain no tax $508 k carry forward loss
Hi All,My father and I are working on our first commercial development; a 20,000 Sq. Ft retail center. I wanted to get advice and tips from developers and anyone with experience in this type of real estate investment....
I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...
I've solely been buying, renovating, holding for a yr at most to save on taxes the flip immediately. Most of the times I just sell right away. I keep hearing I should use the brrrr strategy but in a sellers market ...
Hello BP Community!I am completing interior rehab work on a duplex, including completed renovated kitchens. Once the rehab work is complete, I will be getting the property appraised with the intent on refinancing (BRR...