Ben Bradmon Jr
I can’t take depreciation?
I bought a 3/1 SFH for $22k put $6900 in rehab but the county has the land valued at $32,400. So I can’t take depreciation? I understand that it is the purchase price minus land value divided by 27.5 gives me what I c...
Reza Rostami
How to learn Fix and Flip
Hey everyone,I wanted to shoot my shot here and come in with an ask. I am an third year engineering student and im trying to make a transition from engineering industry to real estate. I was wondering how i can learn ...
Josh Lightfoot
Heloc brrrr property
I’m looking at a sfr that’s $170000 the ARV will be around $250000 I will be using my heloc for down payment and rehab costs which total 55k between the 2. How would you go about recouping the 55k. Would you refi af...
Aaron Winters
Online Auction Market
So, I've recently sold my first rental property (a SFR on the fringe of the Kansas City metro that came-to-be as my family's first residence) and I am now looking to take my first step into BRRRR. What's the right rat...
Gena Mueller
Advice on possible flip on busy 4 lane
We have an opportunity to purchase a home that has not gone on the MLS yet. It’s in horrible disrepair and the realtor doesn’t even want to go inside. Rumor has it that it has a bedbug infestation. In addition, it is...
Nicholas Anderson
“Checking” Your Analysis Work
Hi Everyone,New investor here. I have a Finance/Cash Management background and per the advice on the forums and podcasts, I am currently trying to analyze a large volume of properties in the market I’ve selected befor...
Kenny Lincoln
Understanding the True Cost of Hard Money Loans
Hello BP, I feel as though this might be a stupid question but I'm trying to get a better understanding of the true costs associated with hard money loans for educational purposes. 1. Do HML typically require a down p...
Brandon Sturgill
Understanding Cash-Out Re-Fi
I posted this under another topic as well, so if you have already read, my apologies.Can you please confirm my understanding of this strategy is accurate...so, I buy a cash flow property in the following manner:Purcha...
Daniel R Jenkins
When is a home not worth the Time or Money to repair?
I've found a home that is in very bad shape. The bones are good but will need a complete re-do. It may still work if I can buy for the right price. Is it worth it? Does anyone have advice on how to shorten the repair...
Miguel Del Real
Fix & Flip inspection
I’m starting out and I’d like to know how would you go about doing an inspection on a potential deal to calculate rehab costs if the property doesn’t have any services turned on?