Robert McEachern
Depreciation Recapture on Land Sale Contract
Hi All:I am buying a property on a land sale contract. The seller will retain title. Does the seller need to pay depreciation recapture in year 1?Thanks,Robbie
Katrien Filez
Sure deposit and security deposit
A friend is currently renting a 3 bedroom apartment and paid a sure deposit. Two other people are renting the 2 bedrooms my friend doesn't use and they paid a security deposit to the landlord. Those two people are lea...
Wilco Ravestijn
Internet and Direct Mail marketing to buy houses as a Realtor
Hoping someone can provide some guidance.I'm a new Realtor (and investor) in Texas but I want to focus on investing in real estate by buying and selling as a principle, not an agent. Can I have a website such as wilco...
Colin M.
Where can i find a list of ACCURATE TAX RATES for each State
Hi thereIm a NYC based investor, investing throughout the country but find it hard to get clear data on state/local taxes for other parts of the country!Where would you guys recommend i search online? The local county...
Kal Paneliya
Double closing
Hello,I am in a confusing situation being this my first time ever. I am in a contract with bank owned property, which I am trying to wholesale right now. I am not sure if I need double or triple closing. Here is my sc...
Mahmoud Y. Elhalawany
How do realtor commissions work when wholesaling with a realtor?
Hey there everyone! My partner and I have just closed on our first deal!! We have learned a lot but are forever in need of more guidance. Recently we have begun to add a lot of realtors/brokers to our cash buyers list...
Jamarr Lee
Does the wholesaler pay for title search?
Hello BP family,I'm a little confused on something here. When you get a seller to sign contract, as a wholesaler do we pay for the title search before closing or does the buyer pay for title search at closing? I'm jus...
Julio Gonzalez
How cost segregation is beneficial without REPS status
Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
Ben G.
Out of State Company naming Indianapolis Operators Scammers
Has anyone in Indianapolis ever worked with Carlos Altamirano with CFA Investments LLC ?Looking at his BP profile I see he's from Orange County California.One of my customers sent me a screenshot of an email he sent t...
David Burton
[HELP] Defining wholesaling to a lawyer
I’m making this story as short as possible, so....The lawyer had no idea what wholesaling was. So I explained it to him, then he didn’t understand why the contract would have contingency’s allowing the wholesaler to b...