Managing a property involves a myriad of responsibilities, from tenant relations to maintenance, financial oversight to legal compliance. For property owners, the decision to hire a property manager is a strategic one...
Hello BP community,I am about 3 months in on my wholesaling venture in the Twin Cities market. I am currently driving for dollars and starting my first mailing campaign, as well as assembling a buyers list. I have mad...
It’s my opinion that many investors have the wrong mindset when it comes to real estate investing. This is evident when they express their goal as “ I want to own enough real estate to provide me a $10,000 per month ...
#1 Create a Strategy and Plan Your GoalsOne of the most important things to do when you start thinking about real estate investing is creating an overall strategy.Begin by understanding your financial goals. Know what...
New to wholesaling and appreciate all the advice I can get!
So I made the decision to do an LLC already.I want to protect my families home and assets and it’s likely just the best option for me.So now I have a decision to make... LLC or SLLC...I understand the benefits of LLC ...
Hello, I would love to connect with someone willing to mentor me (willing to pay if needed) in apartment investing. This has been my ultimate goal. I have access to great deals and I would like to finally take that...
Hi All! - Has Anyone utilized Bonus Depreciation on their rental property? - Did you use a Cost Segregation Study or did you do it yourself? A bit of background: Generally with real estate.. you deduct the loss of an ...
Hello BP community! Im seeking some feedback. One of the turnkey companies I work with made me an offer on a duplex. Please tell me how you think I should proceed. This is the information they gave me:They have an off...
Hi All, I have a house hack which is a duplex. I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms. I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only...