Hi BP Community!A month ago I closed my first Duplex in Jacksonville, FL. Total: $141,000Cash: $27,000But now, I'm very confused onto what to do next. I'm needing to make some minor fixes to the property, mostly cos...
Most properties I find have BAD exterior siding, decent roofing, old fashioned kitchen cabinets, oil boilers, and etc. Should I increase my rehab cost and make the investment property more rentable and sacrifice a hig...
Advice Needed
TLDR - Spend an additional $30k now to upgrade the sewer system on-site while the contractor is already mobilized or go with a sewer injection pump which is likely a viable solution the will last for ye...
Hi for those of you who do major value add apartments how do you expense most of these things. I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...
What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
I'm in an interesting deal and would love to hear your opinions.I have a $420k commercial building. A microbrew wants to move in and fix it up. After 3 to 5 years they want an option to buy up to 50% of the facility...
Don't over-improve rental property. To keep your cash flow at optimal levels, don't spend too much on upgrades for a rental property that will likely need maintenance and repairs during turnovers anyway.