
10 February 2025 | 2 replies
Hi I'm gege new to the site starting the Wholesale investment and need help finding seller, where should I brand myself is there an email pitch or a call pitch I can send to seller, like people in foreclosure, or bankruptcy, or late payment and where will I get the ARV, Repair Value, Offer The price that you need to get it under contract for and where do I get the contract form and if I get a seller and a buyer how do I get a legal person to handle all the paper work for closing.

24 January 2025 | 12 replies
Just curious do you find that accessing county records online through the county clerk website works just as well as going in person?

20 February 2025 | 2 replies
Interest rates need to drop a certain amount in order for a person to make a transaction right now.

14 February 2025 | 7 replies
I would be very careful with a lot of course or guru in general right especially a price tag like that what I would always recommend reading the contract and see who is the person more in favor and if its not you then dont sign up very rare to see someone actually benefit from a course.

29 January 2025 | 3 replies
Thank you for the response!

19 February 2025 | 2 replies
This post reflects my personal experiences and opinions, so always do your own research before making any final decisions.

23 January 2025 | 15 replies
Contents (Personal Property): most homeowners policies give a set % of the Buildinglimit for Contents.

6 February 2025 | 3 replies
Let's break it down with precision:The "Pain" (At First Glance):Your $2.8M sale splits out as:Building (§1250): $2.3MPersonal Property (§1245): $500KOriginal Basis Allocation:Building: $1.6M (depreciated over 27.5 years)Personal Property: $400K (fully depreciated)Building Depreciation:Annual: $1.6M ÷ 27.5 = $58,182Total over 10 years: $581,820Gain Breakdown:Building (§1250):Sale Price: $2,300,000Original Basis: $1,600,000Less Depreciation: ($581,820)Adjusted Basis: $1,018,180Total Gain: $1,281,820Unrecaptured §1250: $581,820 (25% max rate)Capital Gain: $700,000 (20% max rate)Personal Property (§1245):Sale Price: $500,000Adjusted Basis: $0Ordinary Income: $500,000The Strategic Play:Remember those suspended passive losses you couldn't use?

8 February 2025 | 7 replies
I have been on BP a long time and maybe about eight years ago , a person had a small chance of finding a posted house for sale here that can be flipped.

10 February 2025 | 2 replies
I make it a personal goal to never turn down help.