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Hey BP community!
I am under contract for a HUD home located in Lake Butler, FL to make it a rental property or a flip. I am new to investing and wanted to find out if other investors would take the risk with the un...
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Can anyone with knowledge of bonus depreciation weigh in on a scenario I’m piecing together? I have a call scheduled Monday to discuss a cost seg but would love a little more insight before that meeting.We will be clo...
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In the past month I decided to aggressively pursue my first fix and flip property. I am focusing on a specific area in a specific price range so I can try to keep things as simple as possible for my first one. I am lo...
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Hey everyone. I have a potential first wholesale deal and I need help with the some numbers. More specifically figuring out the After repair value and the repair costs. I already took a look at the home and jotted not...
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Hello,
Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good p...
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1) I bought a home in 9/2009 and lived in it for one year. Then I rented it out until current. If I sold it today and made a 100k profit/gain do I pay 80k of the taxes on the gain? If I move back in for 1 more ye...
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Ok so this is where I get a bit lost when talking with sellers: It's like I suddenly get lost when they start telling me about what kind of heating and air they have. I guess I have some of these components confused a...
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Hi all,I am looking at a property with fire damage. The price is awesome and the area is a B class neighborhood, but it has extensive fire damage on the first floor ( it is a 2 family). No interior access is allowed...
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This week's educational lesson is understanding a loan sale agreement - especially one-sided agreements. There are many parts to understand as part of the loan sale agreement (including closing date). The closing date...
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Having tried several software programs including Landlord Cash Flow analyzer and Michael Blanks Deal Analyzer, I am looking for something that is more in depth with the value add component. Want to be able to put in ...