Account Closed
Cash Flow or Appreciation: What the numbers say
There are pages and pages of discussion and opinions on cash flow markets (midwest) vs. appreciation markets (coasts). What I haven't read so far is a simple analysis of the numbers. Since I actually own properties in...
Allen S.
Cost-segregation and 1031 CPA opinions?
Hello everyone...I just sat down with a potential CPA to discuss my taxes and potential real estate issues. She told me that she had plenty of experience with real estate and that many of her other clients have inves...
Michael Loza
Anyone used 401k to purchase first property ?
Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the diff...
Account Closed
What's with Contractors that will not answer their phone or return calls?
So I am looking for a new general contractor and/or subs to make sure I have a back-up and a back-up to the back-up if need be for my projects that need rehab.I vet the ones that seem like a good fit from as many reso...
Kim J.
Tenant becomes AirBnB competitor - Need Advice (TLDR)
Need advice... TLDR: What to do about a tenant who is now my direct competitor on AirBnB ?Long:I bought an AirBnB property with 2 rentable units: a 1-bedroom MIL cottage, and a 3-bedroom custom home, in a small, sea...
Michael Plaks
GRAY area alert: deducting real estate education
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
Katie Neason
Issue repainting existing cabinets on flip. Is contractor right?
I am on my 4 SFR flip. So I have just enough experience to think I know more than I do. We are repainting the existing kitchen cabinets. According to the painter he has put 4 coats of primer and 2 coasts of paint (whi...
Corey Dutton
Are 100% Financing Loans for Rehabs a Scam?
There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? ...
Anne S.
Purchasing occupied rental from another investor
Good morning BP community!
I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...
Joe Butcher
My first deal
I got through my first deal....well, I don't have it rented yet but wanted to share some of the details and then talk a little about why it was such a great learning experience.
ARV: 94K
Rehab: 29K
...