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We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
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When it rains, it pours in this game of real estate! Below are the numbers. They are brief, let me know if you guys have any questions!!!! So I bought 4 rentals in a rough area, and one rehab.4 Rentals:3 of the rental...
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Hello BP Community,I've recently bought a 3 family complex and everything started off well. I was getting rent checks on time, the house was fine, then everything took a turn for the worse. I had to file a Pay or Quit...
Hello,
So I have decided I would like to enter this market for investing but I find myself in a bit of the opposite situation from most people starting off in RE investing. I have cash but my credit was destroyed in ...
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So, I'm selling a property and I know this USDA mortgage broker is just telling me (the seller) whatever i want to hear. I've heard it before, we all have.....Is there any way to get this guy to suffer some sort o...
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Everywhere a person turns today it seems to be a constant assault of some messaging about impending doom in Real Estate. From Youtubers too mainstream media, it's everywhere, sounding off of various frameworks of same...
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Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...
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I am reading this article and one of the writers wrote what I'm about to post as 4 things to look for in an investment property. I just wanted to see if you guys believe what he is saying to be accurate, and if there ...
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The DFW market seems like a great market,I've specifically been looking into Arlington.
Could some of y'all DFW natives tell me a some pros and cons? and what parts of the city is great and not so great. Also, anythi...
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Hello, earlier today I closed on my first investment property. There’s no turning back now, but I would like to share my experience for other newbie investors and also I would like to hear what some of the more expe...