Jonathan Harms
Shady transaction on a REO?
Hi all,
Hoping to get the opinions of the smart folks in this community.
I bought an REO from one of the big banks.
Step 1 was to sign an addendum they required services via their asset administration division.
Ne...
Sonny Sach
Rental agreement - Tenant must allow to show property
Hello all,Does anyone have language in their rental agreement that the current tenant must allow the landlord to show the property in the last 30 days of the contract? I just had a tenant move out but he would not le...
Robert Perkins
Rental Capitol Gains Taxes
Good Morning Bigger Pockets Faithfuls!I found a great multiy family rental, it has 7 total units and I think I can get it at the right price. My remaining issue is the tax implications of owning the property, I have t...
Ash Patel
Grocery Store Financial Audit
Hey BP! Does anyone have referrals for a Grocery store auditor? We have a tenant that has a $10m rent threshold before they kick up a % of sales. Of course for years they have been hovering just under $10m. Would ...
Brandon Hobbs
What are the differenes between the different types of deals?
Such as:
-Subject 2's
-Wrap-Around Mortgage's
-Short Sale's
Eric Bergey
App
So how hard is it to create an app? When i was driving home today I was thinking of a few ideas for apps. I think my idea would be great for investors and so if anyone in Albany, OR or in Oregon know how to make one t...
Jeremy K.
I have the cash, not sure where to go from here...
Hey all, thanks in advance for your time. Hopefully this post doesn't get too long...I am a physician living in Texas and have always had an interest in real estate. I have never owned an investment property, but I ha...
Staton Jobe
Should I renew my title insurance?
Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
Victor Omoniyi
Can bonus depreciation be claimed the next year after an asset is placed in service?
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
Amir Marcelin
Brand new to real estate
Hi I am excited to start my journey at 20years old into not just real estate investing but also financial literacy. I’ve come to BP to learn real estate but most importantly understand the amount of work it requires t...