For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Hello everyone!I am mid flight of my very first flip and it's going well. I bought very cheap and it appraised higher then I expected so needless to say I was pretty excited. I'm looking for some brutal honesty here g...
Hey BP, I recently started working with an agent who works in the south suburbs of Chicago (Homewood, Hazel Crest, Matteson, Lansing, etc). We are still feeling each other out but I can tell he knows way more about in...
I keep hearing about Birmingham market in numerous podcasts as an up and coming city for investment. What are your thoughts on the market and its potential growth? Alabama has a historic stigma of segregation and ra...
Hello EveryoneMy name is Jeff. I am moving from California to Texas (North Dallas) in December. I am very excited about investing in Texas real estate. I have experience with a rental unit in Southern California. Look...
Hello, we have a rental house in CA that is completely paid off and we are seriously considering selling it to buy a beach house in Puerto Rico. My husband surfs and my family lives in FL. It seems tricky to time it ...
Hi, I'm 21 and getting started in real estate investing. (Buy and hold rentals) I was wondering if anyone else who started out younger has dealt with your family trying to discourage you from pursuing your this career...
I really love real estate and I'm 18years old and i live in a state where real estate is pretty difficult.
if you don't have over $100k in your bank account you can't take a loan not even a FHA loan.
so i'm really t...
I'm currently revamping my old WP "We Buy Houses" website and would like to add a page that shows my properties. I would like to leave them up year round to help generate interest from renters and to develop a lead f...
For all locals and experienced investors in Oklahoma, can you quickly list out the good zip codes in Oklahoma City area? By "good" I mean A or B neighborhood, of course, each of you might have different definition of ...