Kevin B.
Buying a lien to force foreclosure?
I was hoping someone with lien expertise can help me understand how they work.Background: a neighbors house has been abandoned for quite sometime now (2009?), property is in pre-foreclosure but bank/company "servicing...
Nick O.
STR Cost Seg/Bonus Depreciation Buying with Partner & other non-RE related income ?'s
Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Sam S.
Seller will not provide asking price
For the more experienced wholesalers - what do you think when a seller will not provide an asking price? Do these situations ever work out in your favor? Or does that typically mean the seller is not motivated?Secon...
Hadar Giladi
Markets for BRRR
Hi everyone!
I've got some properties up in the DFW area. Right now, finding properties around there that work for that BRRRR strategy is really difficult. The property taxes and interest rates are just eating away a...
Account Closed
How to evict?
I have a small commercial space located in Oregon and need to evict the tenant who currently has a 1 year lease on the place. He has violated several rules, been late with rent, bothered neighbors, etc. It sounds stup...
Ty Monroe
Renting a Duplex with parents, is this a good plan?
I am wanting to get a multiplex and be a landlord and OO. My parents want to get a house closer to town. so my thought was, could I potentially just purchase a multifamily house in Lafayette Indiana using a low down p...
Darian Richardson
Second Deal financing for Multi-Family
Evening Fellow Investor,I recently closed on my first deal in April 2017 on a duplex in Lawrenceville, Ga that I am currently househacking. I used a FHA loan with a 3.5% down payment, from my understanding I can only ...
Greg Martin
No Power/No Water - Hurricane Irma
Hey everyone,I have 3 units right in the middle of where Irma went through. Most things were fine, except a giant oak tree fell over. When it fell, it took out the power lines and broke the water line below it. The...
Michael Vallee
Commercial financing question
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...