Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...
I'm fairly new to RE investing. I've started looking around and talked to a few brokers about deals I found online. One of the brokers said he could send me dealflow but required that I sign a non exclusive representa...
Q: If you buy on contract for deed can you still depreciate a commercial asset?Background: I'm in discussions to buy storage units w/ seller financing w/ very good opportunity to increase net cash flow. The Sellers ar...
Investing is one of the most invigorating games to play, especially when it comes to real estate! Receiving that first rental check is a rewarding experience because you were successfully able to buy a home and fill i...
Hello all,My two partners and I are finally getting into looking at properties and I was hoping I could get some input from some more seasoned investors in my area regarding CapEx.I have seen a few ways to go about es...
We recently started a direct mail campaign, and ran across the issue of how much personal information to provide to people. In one phone call, they asked for my full first and last name, but I did not want to provide...
I've been trying to find a BP episode with a guest that had a lease that did a great job of letting the tenant know up front all the costs related to repairs. In particular the guest talked about the cost of carpet cl...
My first post on BP and also signed an agreement on my first rental property. the purchase is contingent on nothing major arising from the inspections, but one piece that concerns me is the bones of this 1900 home. Th...
Hello BP!I'm new to this community and pleased with all the information available for newbies. I keep working on my RE self education and at the state of learning how to analyze properties.I do plan to invest in NY (A...
I do not have a lot of cash but I do know a lot of people that do and other investors out there but I would like to partner on some deals with those people.. My family owns a mortgage brokerage company. I am an LO and...