Kurt Stein
Cost Basis for Depreciation
Hi BP,
I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...
Vlad Denisov
Valuation of multi-family
If the value of a multi-family is based on NOI, and we know that rents in B - , C+ are gonna stay the same during recession, then why would the price of our property fall? What are the reasons behind it I don't see?
Shaun Robinson
Portfolio Building ! Help!!!
I'll get straight to it. I am a new investor with only three flips under my belt. My current goal is to build a rental portfolio with cash flowing and appreciating assets while flipping for additional capital. I prefe...
Maurice Cox
Tricky Mortgage Question
I am trying to obtain a mortgage on a 200k house, but I only have 10k saved.. I would love to save that 10k + empty creditcards to do a little fixer upper on the house.
The thing is. I don't want to get an FHA loan....
Andy Hathaway
Going full time with $50,000 in 4.5 years
I plan on leaving the active duty Air Force in 4 and a half years when my enlistment is up. My goal by then is to have 20 units that average at least $300 in monthly cashflow so I can be a full-time investor. My credi...
Wes Blackwell
Priced Out: Is Rent Control Coming to Sacramento?
After a long day of looking at some potential properties with some clients of mine, we decided to stop in at Selland's Market Cafe and grab some lunch. While waiting for my mouth-watering french dip to arrive, I decid...
Charles S.
Fireplace: Yay or Nay?
Hey I’m interested in purchasing a property with a fireplace.I’d love to hear anyone’s experience with having a fireplace in a rental. Horror stories are welcome. Just trying to see what I may or may not be getting ...
Jarrod Williams
Hotel tax and sales tax on short-term rentals
I am trying to get my barrings straight on taxes, fees, etc. associated with short-term rentals. In my state short-term is considered less than 30 days. According to my reading once classified as a short-term stay I...
DeMarrius Payne
San Diego multi family
I'm looking to relocate to San Diego around April 2017. This could be a great opportunity for my first investment with house hacking. Looking to find some great deals on multi-family in the area? Any ideas where to lo...
Mike Cartmell
Creating a first position note on a free and clear property
First off, please excuse my ignorance on this matter and thanks in advance.
I have come across a property with a tax lien on it where the owner would like to redeem. He has recently been through a bankruptcy...