Jon Dorsey
Property Basis for Depreciation
How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a multifamily at an incredible deal, way unde...
Don Young
Budgeting for first purchase
Hi BP!How do you all budget for a new investment property purchase?I have been saving with the goal of purchasing a duplex within the next year or so. I'd like to house hack. I've realized I'm more likely to make this...
Marek Berry
Structuring A Flipping Partnership
I'm forming a partnership with two other individuals to flip houses in Austin, Texas and need advice structuring our agreement. I will be providing the financing, insurance, all the back end. One party is a real estat...
Ryan Tagliamonte
First Question on LLC Formation
Hi all! Posting for my first time on this platform and I'm excited to hear from/interact with whomever may read and respond. I'm writing because I feel I'm at a bit of an impasse as to what exactly to do when attempti...
Dina Fantegrossi
What kind of agreement should a flipper get from their investor?
Hi there!I am hoping some more experienced flippers and/or investors can help me out on this. My husband and I have an out of town investor who completely funds our flips. We select the homes, attend the auctions, d...
Joe S.
Property managers for short term rentals?
So when somebody comes on here and ask about property management for short term rentals all the normal gang pipes up and says they self manage. My wife and I already have quite a number of properties we manage that ar...
Reinier Napoles
Private/Hard money lending question???
Do private money loans charge points from the full amount of loan or the amount remaining after the down payment?
Jacob Straley
Commercial Lease Agreement
A forum Search only revealed a few threads that didn’t answer my question. I know there are many commercial investors in the BP community. I have a really exciting new mixed use property under contract in Michigan tha...
Breanna Green
First 1031 Exchange - Looking at a variety of markets
Hi BP people! I have bought and sold a few houses but first time doing a 1031 since saving on cap gains makes sense. I have approx $500k+ to play with and looking at San Diego, LA, Scottsdale, and New York. Most optio...
Seth Wilcock
Double Deposit As Compensating Factor?
Hi Everyone, First time (soon-to-be) landlord here. On many of the rental applications I have seen (including the bigger pockets application) I've seen verbiage that states "Compensating Factors can include additional...