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BP community! My wife and I are in need of some help/guidance.We recently closed on a duplex through a Sheriff Sale. The 1st and 2nd floor apartments are vacant, but currently there is someone living in the basement. ...
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A close friend of mine and I have both done a bit of real estate investing. Now, we have decided to pool resources and go after some larger opportunities (multi-family, buy & hold) together. I remember in one of t...
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Beware from whom you buy tax deeds from.Let me first preference this by saying, I know very little about the purchase and sell of tax sale properties.We recently contracted a property to purchase from an owner who had...
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Hi Everyone!I have researched De Minimus Safe Harbour election & it sounds like a very beneficial tax election.My understanding is:1. You can writ-off, instead of depreciating any item under $2500.00 ($5000.00 wit...
Hi everyone, I'm new to the real estate investing and I'm wanting to better understand the TREC contract that we have here in Austin. I still cannot wrap my mind on how it works and was looking for an example.
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Hello everybody,Would anyone happen to know the legality surrounding direct mail? I am interested in knowing if this falls under anything similar to cold calling, auto dialling, ringless VM, etc.The next question woul...
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This was one critic’s response to the recent announcement by the U.S. Department of Justice that it is about to ink a settlement with Bank of America regarding allegations that the bank misrepresented the quality of t...
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If i open a LLC in one state (RI), and buy a multi in another (MA/CT). Do I need to fill in the other states?
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Hello all,I reside in CA, but am preparing to invest with a friend of mine on a property in Houston. I also plan to make a couple of investments this year in St Louis and elsewhere. My eventual goal is to hold a por...
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hey guys im in another pickle so i have some really good people trying to invest in one of my projects and i dont want to mess this up I have they are asking for a document from me to explain where the funds will go l...