I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...

A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...

I'm just looking forward to the future when I may wish to invest in a syndication through a Roth IRA. Correct me if I'm wrong but since the Roth IRA has no tax liability, the depreciation deduction is basically lost. ...

Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...

Hey guys, I know this will be very controversial. However, I gotta say it. No business succeeded by drilling many holes. You must find the best suit and drill one hole deeper and deeper and become the king of the hole...

I can track the sources of traffic to our website. I have been active on LinkedIn for years now. I am sure I have over 500 connections. I am also well connected on FaceBook and have a company page there as well as ...

Long time reader, first time poster here.  I wanted to include the details of my most recent deal and open it up to critiques and suggestions.  I am working with a turnkey company (JAX Investments) and Suncoast Proper...

Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...

Brace yourselves. This one's a doozy. Skip to the line if you're in a hurry.I joined this site quite a while ago. Then, I forgot about it.  I just focused on other things, almost all of them crazy ideas and flights of...

Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...