Sandy Chau
Valuating Land at <1% of Purchase Price for Depreciation
Hi everyone,There are couple of ways to value the price of land in depreciation, such as the 80/20 (20% to land) and Using Property Tax assessor's values, or getting an assessment of recently sold lots in the area.I w...
Paulen Nagy
Land Trust
A seemingly abandoned home in my neighborhood is listed to a Land Trust. Anyone have any information on how those work? I'd like to contact owner and offer assistance but county records show owner address is property.
Rob Bianco
Investing in Queens, NY
Hello,I currently live on the border of Rego Park and Forest Hills and I'm shopping around for my first home to live in. Currently working with a budget of $600k-$800k for a 3bed / 1-2bath and hopefully 1,200 sqft or ...
Chase Waxman
Do you need a home inspection when wholesaling?
What are some other hidden fees they don’t tell you about when wholesaling your first home?
Atul Mohlajee
Unit 1 electric bill $122 Unit 2 electric bill $36 in a 2 Flat
Recently rehabbed a 2 Flat. Both are roughly equal 2 bedrooms but the electric bills are very different. Village inspection was passed and meters were approved by electric company. I as landlord has common public ar...
Talo Tupou
Authorized Signatory for an Anonymous LLC
Hello my fellow investors. I'm in the process of creating 2 LLCs. One is a holding/Parent LLC (WY LLC). The 2nd is a Child LLC (FL LLC). I'll be using the FL LLC to do wholesale deals and flips and my WY LLC will be t...
Brandon Malbrough
JVP Asking For Copt of Contract?
I had an Investor, from Georgia, reach out to me on Facebook about bringing her in on as JVP on a property I have under contract, in Mississippi. Then almost instantly she ask for a copy of the contract and a picture ...
Theresa Nardello
Nicholas Willden - Willden Family Investments is a SCAM!
Willden Family Investments LLC is a SCAM. Although I don't see any mention of them here on BP, I thought I should mention it because they are putting themselves out there as private lenders. I found them on MyHouseDe...
Ashlie Perry
Hold or Sell in Salem, MA?
Hi all, I have a question about the Salem/North Shore market. I bought my first property, as an owner occupant, in May of 2017. Its a 2b/1b condo in Salem (North Salem) and is less than .6 miles from the commuter rail...
Marie Garcia
Licensed Attorney Considering Real Estate Exam & Requirements for Own Deals
I'm a licensed attorney that does real estate investing/management on the side. I am considering taking the CO/national real estate exam + course hours requirement and becoming an independent broker or associating wit...