Still hanging on to it, but will likely sell when current tenants move out.

The more leverage (debt) that is applied to a property or deal, the more cost savings you will get up front relative to the equity you put in.Let's say you buy a $10 MM dollar deal that has $3 MM of year one depreciation.If you used $7m of bank debt and only $3m of equity, your year 1 deduction will equal the amount of money you put into the deal!

Hello, I had a contractor quote me $1800 to do tuck pointing on the chimney. 

Looking to link up with a few people to chat systems, whats working / whats not, planning for future business model changes etc.

I would reach out to a broker in your area.

Good day BP community.

And that his understanding of business and economics enabled him to lead our country to establish the free market based system we benefit from today. 

I'm wanting to migrate from Evolve, and I'm wanting to take over as much of the management as possible.

Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and more focused on the overall profit they can generate through fractional sales and ongoing services. 

I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I've spoken to a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).