Tristan Thomas
How much should I offer in for a option fee?
Hello BP!
I'm currently in the process of trying to negotiate a potential lease option agreement for a 4 unit in my local market. What do you guys think I should offer for the option fee? The term will be 30 months. ...
Jake Mires
Large real estate agent tax write off???
I need to write off about 40,000 in real estate sales income. Does anyone have any tips for larger write-offs that I can take advantage of before the end of the year? I took the entire cost of a new truck last year an...
Peter Morgan
Is it possible to carry over bonus depreciation to next year?
Hi,I am considering a syndication investment with 80% bonus depreciation on the first year.However as I understand the depreciation has tax advantages over passive income only but not on regular W2 income.Had passive ...
James Robert
Contractor Keeps Picking Up Other Jobs During My Flips
I have a contractor whom I met from a friend of a friend. He is a jack of all trades. This is the second house flip I hired him for. First one went about 30-45 days over what was expected. He is a one man show so I ge...
Dan Durkin
Change of jobs prior to home purchase
Hello, everyone! My family has been learning about real estate and we have been planning for our first rental purchase. We are planning on selling our current house and doing a house hack after it sells (waiting on i...
Matthew Peterson
How are Asset Mgrs paid, by units moved or $ of sales?
Since the auction I was hoping to bid on hasn't even come online yet and my wife is breathing down my neck to get her a house...I made a cash offer on a REO mid week last week. Just a few curiosity questions.
1) How...
David D.
Making Offers on REO
Will I have better success if I make an all cash offer myself as a broker, or, make the offer through the listing agent?
I can offer a little more if I make the offer myself because I get part of the commission, but,...
Christopher Middleton
For Sale by Owner or Real Estate Agent?
What strategy saves more money (on average)?
For Sale by Owner
or
For Sale by Real Estate Agent
William C.
Cost Segregation Without Bonus Depreciation on SFH, LTR's
Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...
James Carlson
Can we stop with the ChatGPT responses?
Anyone else notice an increase in BP users responding in forums with what appear to be ChatGPT-generated answers?
The latest one I noticed was here. (No intention to single this dude out, but it's the most recent one...