I am most interested in rehabs at the moment, but interested in learning about all areas. 

This lets you claim the previously missed depreciation all at once on your current return, using a Section 481(a) adjustment.

Hi all, I am familiarizing myself with at the Lincoln market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

Are you using an LLC to buy all of these properties?

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

Hi BP community,We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company.

Just curiousHas anyone thought that these courses have been around for years and if all these people are taking it and doing the same thing - what is there that’s left for people now taking it?

Hello all!

My only backup plan if I can't get verified funds is to assume the worst and to drop my counter offer even lower than my original due to the risk I would be taking on, and then when I do my in person inspection try and guess what rents are fair market for the empty units, and ask as many tenants as I can what they pay in rents monthly.Seller should give you all of his bank statements for the time he owned it, plus the operating financial documents (including rent rolls)that he received when he bought.Then find an apartment broker in the area and find out about rents in the building and in the immediate area.

When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west.