Hey Everyone:
I'm a working professional based in Orange County, CA at the beginning of my real estate investing journey. Hoping to connect with local investors, agents, brokers, real estate attorneys, lenders, etc....
Hey guys!I recently bought a .47 acre lot with a house on one side of the lot for 200K. A developer is interested in buying .36 empty acres of my lot for 150K (I want to keep the remainder acreage with the house). How...
Does everyone know about cost segregation?
Thank almost hired a company at a cost of $4k, to do a cost seg study to offset my taxes. Then a cpa told me that that’s not necessary if I bought the property the same year...
Hello fellow investors!I am looking to buy a property, and have some general questions, since I'm looking to house hack as I start on this investment journey. I've listened to many podcasts, where a lot of people star...
Hey guys. Cash flow. What do you do with it? I've been looking at rentals and getting the game plan together. I always assumed that cash flow would be saved to purchase the next rental. But it was suggested to me here...
I have a townhouse and I am planning on renting out one of the bedrooms. I know I have to report this and to take the depreciation exemption. I plan on doing this for the next few years. It is also my primary residenc...
I would like some opinions on something that probably happens every day in the life of a business person.Let's say hypothetically, you own 100 Main Street, LLC.You were denied a Credit Card so all you have is a Debit ...
Hello BP!
My first post here, hopefully of many.
A friend and I have decided to start a REI business together in Florida.
I've been researching different business structures, and the amount of informat...
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Hey BP community! I came across a promising opportunity on a duplex a couple days ago and I have an offer pending. I think we would be well on our way to closing on that duplex but the owner has 3 other duplexes in ...