I'm fairly new on BP -- I've really enjoyed what I've seen so far. I'm struck by the exhaustiveness of the site and the number of individuals who are willing to lend their expertise, knowledge and best practices. I se...
Cost segregation is a great tax strategy when applicable. I certainly endorse it and implement it for my clients. Again, when applicable. What I cannot endorse is the misleading presentations by some cost segregation ...
Hey all,I wanted to ask for some more tips and strategies on Short sales and how to best approach them. Is there a way of tackling these to ensure that a good deal is agreed to.I have seen one not too far from my tow...
We have a development project starting in the Spring/Summer of 2020 in the Columbia, SC area. Adjacent to that site though we are considering developing approximately 200 lots for SF homes specifically for SF investor...
Hello BP!If I want to use a friend who is a contractor, and rather than pay him offer him an equity stake in our flip... what is a typical fair share for him for his work? This is based also on the notion that I will ...
I recently saw a presentation on Subject To transactions and the presenter suggested an advanced concept that involved buying a property that was underwater and had two mortgages. He mentioned you could short the seco...
Hey everybody, I'm exploring whether this concept would be helpful for anyone who househacks, owner occupies and rents out, or rents their own property. Feedback needed on whether this is a problem for you, whether yo...
Hi, I'm currently Underwriting a deal. Rents are below market value. I don't have to do any rehab I can Increase the rents as is. My question is do i still underwrite the NOI, Cap rate for current rents or Market rent...
NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...
We recently submitted an offer for a house in Ypsilanti, MI. The offer was for full asking price on a land contract amortized over 30 years and with a 3 year balloon. We offered 10k down. After some research we were u...