Snehanshu Ashar
1031 replacement property buyer agent commission rebate
Hello all.I have some 1031 replacement property transaction questions:For my replacement property, can I work with a buyer agent who offers me rebate from their commission?Can this rebate be in to form of a check afte...
William Brennan
Depreciation Expense or Depletion
Can someone please explain what the use of depreciation expense or depletion on a rental property is? I understand how the number is calculated. I'm a little unsure of the tax implications and how that works. It ju...
Matt Ashbrook
New Investor in St. Petersburg, FL
Hello BiggerPockets people!
My name is Matt Ashbrook, and the short version of my story (the long version is below if you feel so inclined to read it) is that I’m a new investor looking to build my real estate portfo...
Troy Cole
Monthly REIA questions
Hello BP,I'm a new investor currently at the monthly REIA in my area. Im introverted and need help. What are some good questions to ask?This month's meeting is about Rehabbing for Fat Cash. How can I make the best ou...
Brad E.
To improve or not to improve... that is the question
Hi all -I am looking for some guidance on evaluating the value of improvements to a duplex I recently aquired. Not sure what metric I should be using to evaluate this opportunity. The situation is that I have a duple...
Account Closed
New Eviction Rules in San Jose
http://www.mercurynews.com/2017/05/09/landlords-ra...Interested new landlord rules expedited in San Jose on Tuesday. Interested to hear opinions from landlords in Oakland and other cities with similar rules already in...
Christian Drake
RE License/Contractor License
Hey everyone,Should I obtain a license in my state for Real Estate? Does this create a conflict of interest? Have you heard of a contractors license being useful to anyone to cut out a middle man? I know someone in mo...
Ariella Cohen
Home priced 15K over county assessmnet
I'm currently looking at a duplex in Columbia, SC which is assessed at 48K. The sellers are asking 62.5K. Most of the units in the area are priced to sell for about 10K less than their assessed value.
My question...
Jason Wamsley
HELOC or Refinance for my first property
Greetings BP!I’m new here and new to RE investing. I just started reading David Greene’s BRRRR book and have a question for the group. My apologies if this is a silly question..I currently live in a house I’ve “owned”...
N/A N/A
Assessor's land value too high?
The county assessor's apportionment of land v. improvements seems a bit high to me. On the 4 houses I purchased this summer, the land values are 42%, 42%, 33%, and 22% of the total assessed value. For depreciatio...