we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Good Evening BP Community! I was doing some research on different ways to find off market deals and came across the idea of buying tax delinquent properties. I did some research and found the list from different parts...
Hello BiggerPockets!I've been consuming as much content from BiggerPockets the past 6+ months to plan for an earlier retirement than I initially thought possible. I plan to ease my way into REI by renting out my curre...
Hi everyone, I'm still a newbie to the forums and to REI in general, and this week I'm screening my first-ever applicants for an open bedroom in a house I've just started to manage for a family member. (I don't have t...
Hey BP family, I attended a real estate workshop a few weeks ago and was told that I should setup my LLC in Nevada because the benefits of incorporating in Nevada are amazing. Is this true? A company based out of N...
Hi! I'm scaling into a commercial property and starting a boutique hotel. Currently, I'm looking at $2.5M all-in for building purchase, renovations, and business start up. My financial models are showing a roughly $25...
If I have a property under contract and I am marketing it (craigslist, REIAs, etc), what's the best way to handle all the requests to see the property on the inside? After all, it's not my house yet, and my seller wil...
I would like to ask everyone to post your experiences between two possible marketing strategies.
One is a direct mailing using postcards with addresses purchased from a list broker and the second is using an opt-in fr...
I'm just started out wholesaling and I've gotten into contract a couple times although the buyers have usually backed out because of the inspection ROII wanted to know how I could go about getting more seller leads ? ...
If you lost everything tomorrow, what would be your “go to” for finding your next deal as an investor starting over/ trying to find their first deal again?What is the best tactic, strategy, process you use for finding...