Nate Michaels
Owner-occupied duplex, how to depreciate properly
Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
Sean Taylor
Proper Expectations for Low Income Applicants (Chicago)
My wife and I have purchased our second rental property and this time are working in a lower income area of Chicago (South Shore). The average household income is around $25k/year and we have our 1-units and studios ...
Chris Jones
How do I Properly Search for Liens
HELLO everyone!
i am a beginning investor focusing mainly on pre-foreclosures, i currently understand the whole foreclosure process along with what the banks are looking for to accept a short sale.
so my question is...
Douglas Gratz
How do you properly research rental markets?
Good morning,
So the last two threads I created had to do with how to make the numbers work in A/B class neighborhoods. A few people mentioned the research side of things, supply and demand, job growth, new business...
Jason Usher
proper REI etiquette when purchasing from wholesaler
Is it considered bad etiquette to ask a wholesaler what dollar amount they have the property under contract for or to ask them what kind of assignment fee they are looking for?I understand it doesn't matter as long as...
AJ Satcher
Getting the Proper Exposure for my MTR
Hey everyone!I have a 2bed/2bath home located in Atlanta, GA (additional room for office space). I'm very new to the STR game and so far it's been doing decent, but I'm starting to feel the pressure of slow season loo...
Obed Bermudez
Ughhh Closing Costs! How to properly estimate????
Hello BP community,I'm currently attempting to figure out how to accurately "guesstimate" the amount of closing costs for a residential property. I understand that closing costs include fees incurred by the title co...
Kp Singh
How to use HELOC for brrrr properly?
How could I use my HELOC to brrrr? Would I buy the properly all cash and hope I get a good arv to pay back the HELOC. And would that allow me to buy more properties such as foreclosures that are cash only? Or is it be...
Ed O.
Proper grounding technique for trac pipe.. anyone?
Plumber ran new trac (gas) pipe in a sfr I have and it needs to be grounded. Can someone tell me the proper way to do this and which wire to use?
thanks!
Bryan Watts
How to properly analyze a syndication offer
Hi folks - I have an opportunity to participate in a syndicated investment, as presented to me by a friend (trustworthy) who works in commercial lending. The face value numbers are intriguing: 7% preferred return with...