I just got back from Big Bear and I noticed that there were realty businesses all over the place and a ton of inventory for sale. Does anyone on here do vacation rentals in Big Bear? Do they cashflow? What are the ...
Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
I am still trying to figure out the cash flow issue. For an investor that doesn't care about cash income from a property, and if total return is good, why does it make such a difference.
For Example: A $100,000 pro...
Hello guys my name is Yosleys Boffill. I have been flipping houses for a year or so in the Midwest specially in Lousiville,KY. I was doing fine until I decided to go for a more expensive neighborhood and price range. ...
Hello BP,I have an interesting problem. I currently own 2 duplexes in my home town. 1 has tenants and the other I am house hacking. I am ready for my next deal and have hit a wall with conventional financing. The bank...
If I were to guess, here's what my friends did today:@Serge S. spend today thinking hard about the next $500,000@Brian Burke took his wife in his plane to Malibu, or something, and spent money he has@Brandon Turner to...
Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...