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Hello BP Community,
My partner and I have put in an inquiry on a property that seems like a good deal and we want to go see it this weekend. We have been gathering a lot of information on the REI processes bu...
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Hi,
I have been wholesaling for a couple months now and I initially thought that properties should be in terrible condition for a rehabber to be interested. But, I have talked to a few rehabbers and they say they wil...
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Good COVID-19 Free Morning too you BP family
I wanted to reach out for a bit of guidance this fine morning, as I am in a bit of a dilemma. I have recently decided I am going to start pushing hard to find my own prope...
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If anyone here is doing a lot of auctions, do you know if live bidding is better than proxy bidding?
I have been entering all my bids as proxy and
I'm yet to win any auction. Today I missed out on a house by $100 whic...
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If I paid all cash for a property plus its rehab costs and was able to complete all of the renovations within 2 months, increasing its ARV by 25% in the process, how soon after the renovations were complete would I be...
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I have a rental condo on leased land that I purchased and fixed up in 2014. Do I depreciate the full purchase price + rehab costs? Since I don't own the land there is no way to split the purchase price between land ...
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Hello Investors,
I am trying to find a lender who is willing to do a HELOC. It seems that this product is not currently being offered. Any leads are highly welcomed. Anyone have any good HELOC options? Thanks in adva...
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Hey guys,We have a friend that just sold a rental property and made $120,000. His plan is to 1031 exchange it into a rental in another location. After two years, they want to make this their primary residence. Is this...
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Hey Everyone,Do you have a different bank account for every property, or do you have one account that holds all of your funds? I’m assuming if you just have one account that you would need to have a well documented sy...
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A storm a month ago or so knocked half a tree down. The tree fell right next to a rental and the force took down an entire wall. The damage is about $15k.I contacted our insurance and they are denying our claim, citin...