Edward Segaar
Cost for a CPA
We are closing on our first rental next week and have been looking for a CPA to help with the tax filing. What is a reasonable cost for hiring a CPA? We live in PA and buying in FL.
Brian V.
Fireplace dampers
Hi BPs,
My tenant said there is cold air coming in from the fireplace on and old property. Contractor found that the fireplace damper somehow was removed (bummer). He said it's too costly to reinstall this an...
Matt B.
Delaware Closing Costs
Hi All - Today I'm in Delaware looking at properties. We are looking all over northern DE (ie Wilmington, Newark, Claymont etc). I was looking at homes as high as $70k. When asked, the RE agent told me closing costs a...
Sean Gum
How to make private lending work at 12%+ interest rate?
I just watched the recent episode of BP where they talked about private lending. She said she pays 12% interest and newbies are paying her 16% interest! I am having a hard time finding deals that work with 7% interest...
Kyland Stevens
Need Help Estimating Rehab Costs - Tell me about your deals!
Hello!
I have never done a rehab of a house before. I am planning to buy a SFH in the Sacramento, CA area, and am trying to estimate very general costs for the rehab. Does any one have a recent project that they c...
Bryan N.
Costs of selling a flip
This has probably been answered, so if someone has a link that's fine. I've searched, but couldn't find it. I bought a property from a slumlord which I discovered after the fact.http://www.biggerpockets.com/forums/5...
John Boy
Depreciation Recapture (and Condo Converting)
Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...
Andrey Y.
Syndication: Raise 30-35% or 100% of the purchase price?
I have been diligently researching the art of underwriting small multifamily apartment buildings, and I am unclear how much capital is raised in the typical deal. Say, on a $300k building, should I be raising $100k fr...
Eli Winkelman
Solar panels on rental property?
Hey, new here. I don't own a rental property myself, my dad used too, but that was more from necessity. Hopefully one day I will, but I'm fifteen now, and more worried about paying for college. However, I'm part of a ...
Tyler Sellars
Mortgage A vs. Mortgage B - Which is a better choice?
Would love to learn from the community on what is the better deal for an investor. Bank A is offering me 3.69 5 years fixed 30 year amortization - CIBC is offering me 4.89% 5 years fixed 30 year amortization but with ...