
31 August 2024 | 10 replies
I’m a realtor and have completed a CRM on final build so based on a Comparative Market Analysis I would have instant equity upon completion of the build and could sell or refinance.

31 August 2024 | 2 replies
I've followed BP for a while now but I have finally started taking steps toward achieving my goals. 10 years ago I wish I had entered the industry, rather than going back to school for my degree in education.

30 August 2024 | 3 replies
And finally, be clear on your strategy—whether it's cash flow, appreciation, or a mix of both.

31 August 2024 | 16 replies
So I've been doing my own taxes in Turbotax for 20 years now (I only own 2 rental properties but both were BRRRs), and I finally got stuck on something and went to a CPA 2 years ago, and he reviewed my past 5 years of returns and pointed out that I had made multiple mistakes (incorrectly categorizing repairs vs capex, calculating basis and therefore depreciation wrong, failing to realize that certain expenses for a home converted to a rental property start being deductible the day the property was placed in service vs actually occupied, the list goes on).
31 August 2024 | 10 replies
I finally got my inherited semi detached SFH (C+ working class neighborhood) ready to rent out but the attached house sticks out like a sore thumb and I believe the tenants do it on purpose as a deterrent and intimidation factor.

2 September 2024 | 24 replies
Finally, two other things that you can look into or talk with your CPA to see if there could be any advantages to you (you may be phased out due to income for some) is the Section 199A pass-through deduction, which would require you to start tracking hours spent on your real estate enterprise, as well as the possible CA SALT tax workaround in case you were interested in deducting more than the $10k state and local tax cap for the next few years.If you need referrals for professionals in any of these areas in the San Diego area, feel free to reach out.

30 August 2024 | 1 reply
After long consideration, I have finally decided to purchase an investment property.

30 August 2024 | 14 replies
Finally, if you want a broker to be fully committed, consider retaining them in an exclusive agreement.

30 August 2024 | 2 replies
Finally, most companies won't loan to an LLC without a personal guaranty unless the LLC has a lot of assets and a very long history of creditworthiness.
30 August 2024 | 13 replies
I asked for a thorough inspection report and months later I finally got it.