Jim Macedon
Help With Depreciation Recapture
Could someone explain depreciation recapture to me?Here's the specific scenario I'm thinking about. You have a rental property for several years. You are obviously claiming depreciation during that time. You decide...
Justin Power
Analyzing properties and defining criteria
Hello Friends,I'm a newbie and haven't done a deal yet. What I'm looking to do is purchase a buy and hold rental property and i'm considering house hacking. To educate myself about what I should be looking for I've be...
Anthony Harris
Earnest Money Deposit Negotiation Tips
Hi All,I was wondering if anyone out there can offer advice or tips on how to get the sellers to agree to earnest money deposits of as low as $10 on wholesale deals? I've tried getting sellers to sign contracts and on...
Gregory Carter
Am I doing the right thing, what would you do?
I am fairly new to wholesaling. I received a call from a lady the other day from a nearby city who had a house for sale. I went and looked at the house and it was very very nice condition. The ARV on the property w...
Account Closed
Looking at house direct mail what to look for
Hey I am wondering what my approach should be. I got a call back on someone wanting to sell there house and want to show it to me
Tommorrow. I already explained to them that I need to purchase at a discount they want ...
Richard Sanford
is this viable?
May I please have someone explain to me what flipping entities is? I got an idea of how it is done, I would like to know if I am on the right track. I was told it is an alternative to assignments, when banks don't all...
Justin Vermuth
Multiple Income Stream Property - Billboard, tenant, seasonal
BP Friends - I have a .65 acre parcel on a busy road in Orlando and have been debating with my partner how to market the property. It has almost $30k in revenue from a retail tenant, a billboard and seasonal vendors. ...
Anthony Holloway
Book suggestions for how to analyze a deal
I’m looking for a book of how to analyze and run the numbers for rental properties. I need a book that will explain everything and teach me strategies as well! Any suggestions?
Jerrell Slay
Renting
hi my name is jerrell slay, I've been a member for a couple years now. I was wondering were to rent here in Murfreesboro tn for a reasonably price. I have some dings on my credit but we(me and my wife) dont owe any el...
Andrew Bradley
Ending a contract
What's the best way to end a wholesale contract? Do you tell the seller "no deal" verbally or with some a letter? I don't have any specific example or situation. I'm just wondering what's the best way to handle th...