Hi BP,I read that you can depreciate more if you depreciate building and components separately, and that big buildings are often depreciated this way. Does anybody confirm? Does anyone use this with SFH?The 27.5y depr...
I was scheduled to close on a SFH last Monday. I requested an additional two days as the home inspection did not come back until the Saturday morning before closing. The seller did not sign an addendum to extend the ...
Anyone familiar with the Seneca/Clemson, SC area? I have 2 undeveloped lots that I initially thought to put a couple of Tiny Homes on. Clemson is such a busy college town that, (I believe) it would be easy to rent Sho...
I'm looking to buy an STR near the Texas coast and I came across this one. Anybody running STR's in this are to see what numbers can be expected.4bed 3Bath with pool that can sleep up to 14.
Hi BP,I purchased a property this past year that had an existing tenant that was month-to-month. As part of the purchase agreement, the tenant's lease agreement ended 2 days after our closing date. After the tenant ...
Hi all - I am interested in buying a notes for myself with my own money in order to hold them for cash flow. I will likely start with first lien, performing notes. Over time, I might tackle non-performing firsts or ...
I am a CFA charterholder and work with my friend who is a CPA and we perform small business accounting which includes some work for real estate investors on financial reporting and analysis.
So, my question is what k...
Hello,I am interested in putting in an offer on a homepath property but have to wait 1 month as non-investors are given priority over investors. Anyone aware of any "loopholes" to get around this requirement?
Hello BP fam:I am interested in wholesaling in the greater New Orleans market. At present, I am educating myself as much as I can on the art of wholesaling (via BP, podcast, print, and NOREIA meetings) and I am also ...
My business partner and I purchased a 4 plex property in Grand Rapids Michigan. we had a friend of the family finance the purchase with a 2 year loan at 8% interest. The property is a complete gut/remodel. We are s...