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18 July 2024 | 1 reply
Hello BP Community,I’m in the Phoenix metro area and am looking to acquire my first investment property to flip.
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19 July 2024 | 0 replies
Build a Financial FoundationImprove Your Credit Score: A good credit score helps in obtaining favorable financing terms.Save for a Down Payment: Start saving for a down payment on your first property.
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15 July 2024 | 17 replies
I work full-time as a CPA audit manager at a Big 4 public accounting firm, and in my free time I would love to help and learn from an experienced investor with strategies similar to what I’m interested in (appreciation, single family (potential multi family), mid-term rental (potential short-term)).Open to any advice as well on how to make my first leap into actual investing!
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19 July 2024 | 17 replies
You should first contact the title insurance company to file a claim, as they should address any issues missed during the closing process.
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18 July 2024 | 6 replies
I hope to purchase my first investment property by the end of the year, initially in Northwest Indiana, likely Hobart.
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19 July 2024 | 4 replies
Jose,There are a few ways to answer this question, first if you can buy a Primary home then Yes, $15K is enough.
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18 July 2024 | 7 replies
The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses stay with schedule E until they get offset by future profits from property.Did I get this correct?
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18 July 2024 | 4 replies
We who knew and liked John were at first shocked and then saddened that he had "gone over to the dark side".
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19 July 2024 | 23 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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18 July 2024 | 1 reply
I first became interested in real estate after a high school friend of mine partnered with some people close to him to flip a house where he turned a large profit, especially for a 20 year old.