Michelle Au
Depreciation Expense Impact on Tax for Rental Property
My husband and I are deciding whether to sell our primary residence that have been rented out for 2 years or keep it as a rental unit. If we sell the unit now, it is still considered a primary residence (lived there f...
Kayla C.
Amortization Schedule and Calculations
Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...
Michael P.
Buying an auction property
Looking for advice.
In my neighborhood a condo going into auction on auction.com. I want to grab it as an investment prop. Would you hire a title company to do initial search or go to court house?
Because if I win ...
Ben C.
House Flipping ROI Question
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Angela Martin
HOLY SHMOLY! I think I may have my 1st DEAL!! HELP!
My husband and I went out for a walk in our neighborhood this weekend (weather was nice) and we came across a home that would make an awesome Subject to. When I got home, I ran the numbers and, sure enough, I was righ...
Brett Hayes
First deal analysis - quad
Longtime lurker - finally thinking it may be time to pull the trigger.Looking at getting a quadplex built in 1910 in a rural area with little to no appreciation potential. Very high renters population and several sta...
Casey Mericle
SDIRA Expert Question
BPers,Let's say two SDIRAs invest in a trust. SDIRA #1 investing $80,000 and SDIRA #2 investing $20,000. Is there a way to split profits in any other way than the percentage that goes in (80/20) in this case? Could...
Phyllis Davenport
Wholesale -Driving for dollars
Hi BPF,
After driving for dollar I found some houses. Now at the court house doing my due diligence. Can anyone help me with what I should look for when researching the houses. should I look for Deed of Trust/Contr...
Chaits J.
BRRRR - Refinance Step
We are doing a BRRRR for first time and would like to know what are regulations around refinance step.Property that we are looking to Buy,Rehab,Rent is a Duplex( Single family home that added an extra Mother In Law Su...
Ben Sears
Wholesaling double escrow Question
I'm a beginner wholesaler in Ohio and my attorney said that in order to do an assignment I need funds to close on the property initially then if I want I can assign the contract to an end buyer. I'm just starting so I...