Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Henry Lazerow
Rule Change! Can now do 5% Home Possible if already own property
Great news for all my house hackers out there! Starting 10/29/18 the new rules take effect where you can do home possible conventional 5% down on 2-4 units while already owning other property. Previously this program ...
Erina Sin
SW DC Condo - Financially Sound decision?
Hello,I would really appreciate some insight. I’m considering buying a condo in the SW Waterfront neighborhood (Potomac Place Towers) of DC, and am wondering if it’s a good financial decision. I already believe it’s a...
Bill Ward
What to do with $$ if I cash out
I have a single rental, considering selling due to appreciation and just not too interested in the landlord job anymore. My question is what I should do with the funds if I sell, should be roughly $70-80k after all fe...
Mitch Mallett-Hiatt
Sustainable Construction and Development
New to bigger pockets forums. I thought I would give it a try and see what discussion will arise from a topic that is not common to this forum.
As an Architectural Engineer that lives and breathes construction, I w...
Karl Kaeser
Need advice for a weird situation with a property sale gone bad
Hi! I'm looking for some advice on a situation I am in with one of my rental properties. Here's the background on what has happened so far...In August 2018 I had a townhome flip that was completed and we got a cash ...
Peter Lee
Bringing self-storage rents to market rate...How?
Just acquired a very underperforming self-storage facility in Los Angeles area. Rents are way below market. On average 40-50% below market. What's the best way to bring things up? All at once? In increments? And...
Mary Ann
Is a condo or a townhome a good investment in Orlando now?
Is one better than the other when it comes to renting out? I am not thinking of a SFH until prices drop. However, for now the strategy is to get a condo (or townhouse!) and then buy SFH in a year or two. I just want ...
Bryce Y.
What color should I paint these counter tops?
I am thinking something dark to match the floor, like a charcoal color. Any other thoughts to improve the look of this kitchen? This is a rental, so I'm not looking to spend a lot of money. Perhaps change...
Kevin Ellis
point of diminishing returns ?
Hi, I'm new to the MH world, but have worked on many stick builts. I am a little lost on MHs as to how to evaluate an improvement and the return that can be expected from it.
I just bought my 1st MH and am i...