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Hey BP family, I was sitting here reflecting on my 2 year REI journey and wanted to share a few thoughts. As I've learned more and more about real estate I'm really starting to appreciate the different exit strategies...
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New to this, so please be nice :)1. If we meet all of the requirements and choose to take bonus depreciation on an STR in 2024 (to take advantage of the 2024 40%), would recapture occur if we decided to change use in ...
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I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
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There is always something to learn as I add to my checklist. One of the things that I need to do a better job is to button up future leases on the HVAC system. Some of the leases I have inherited are vague on the re...
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Is it a good idea to start my wholesale career off with a property that's currently occupied with tenants? Also how do I inspect the property to make a reasonable offer without interrupting the current renters? I have...
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Hey BP,I'll try to keep a long story short. Currently about to purchase a 4BR 2.5 bath single family that I rent in Pittsburgh and turn my 3 roommates into tenants. The advantage of this is that it will continue to ...
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I've been speaking with family members regarding buy and hold strategies and Cleveland, OH has come up a few times (they are not from the area). Can BPers who have invested in or have first hand knowledge (second han...
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Hello everyone, first and foremost would like to say I'm a newbie so bare with me! I have a possible sub to deal and would greatly appreciate any input or advice!
Property details
* ARV 3/1 : $160-170k
* ARV 3/2: $...
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Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...