I bought a house in 2009 for 170k as my primary residence.  In 2015 I converted that house to a rental.  When it was converted to a rental the property was worth ~250k.For depreciation can I use the 250k value when th...

I am a beginner in wholesaling, I have found a fire damage property and ran numbers on it. Also I have contacted the property owner and he gave me the repair cost of the house plus I have set up a showing with him to ...

When rehabbing a property, at what point do the expenses become tax deduction? I realize that it will raise your basis, which will effectively reduce your tax burden when you sell.


Here...

I am looking to purchase my first property here soon and started underwriting deals a couple days ago and thought I was doing it correctly based on asking price and everything was coming back with big cash on cash ret...

Hello,I am in the process of selling my home and was completing seller disclosures. There were couple of questions that talk about disclosing significant defects  and water intrusion. Questions are pasted below:1. Wat...

Hi BP,making offers... how do you start?do you low ball the offer in hopes to get the lowest price they will sell for?do you give an estimated offer based on what you think the property is worth?do you think negotiati...

I've heard a lot of talk lately about how wholesalers generally don't get the kind of information true buyers are looking for. I, myself am a wholesaler- it's a given that the numbers have to work in favor of someone ...

Hi y’all ! I am looking at making an offer on a rental. List price at $57k. Offer $28,500. It’s in a flood zone. Should rent for $800. What do you all think?

I'm an out of state investor looking at certain metro areas of Tennessee to purchase cash flow properties. I'm noticing lots of homes coming up in FEMA flood zones. My questions to property owners in any of the metro ...

How do you feel about the vacant (boarded up) properties in Baltimore City?What is your rule about purchasing a BRRRR / Buy and Hold / Rental Property with vacants nearby?What meets your criteria and what is acceptabl...