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I bought a property in CA for about $1.5M. I just got a letter from the assessor's office that the new assessed values are 1.35M for the land and $150K for the house. The total is correct but the ratio is clearly wron...
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I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
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Once a person lets earnest money go hard, they become emotionally attached.If you find yourself in a situation, where there was something majorly different than what you realized, then it is my firm opinion that it ...
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Hi all, first time posting on BP. My girlfriend and I are really interested in trying our hand at real estate but we aren't sure where to start in terms of location. We know we want to get inside the District of Colum...
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Good morning all!I was having a conversation with another investor a few days ago regarding short term rental occupancies and rates. In some areas right now it appears that bookings are "down", at least compared to th...
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As a soon-to-be first-time homebuyer, I'm facing a dilemma. I am looking to purchase a double and house-hack. Should I purchase the property in my name or set up an LLC as I look to start my journey in real estate inv...
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Wondering which class assets syndication provide the better tax benefit, ie paper-loss in year 1. I'd like to offset my capital gain tax but not wanting to do 1031. Mobile Home vs Storage vs MF for that specific pur...
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Is foreclosures.com worth it? Is there a better place to find this information? I have found the tax foreclosures info on the sheriff site but bankruptcies and such I am still looking for. Any suggestions?
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I am interested in investing in the Tulsa, Oklahoma area but I am not quite sure which area to invest in. A close friend of mine, who has been investing in the North Tulsa area for over 6 years, highly recommends Nort...
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My hubby & I have the opportunity to pick up a portfolio of 5 SFHs in Cincinnati (new market for us) & they all need some degree of work to make them rent ready and/or sellable. What general contractors do yo...