Phil Sharp
Buy-and-hold philosophies: Cash flow vs Appreciation
On some other threads, there seems to be an underlying debate or difference in philosophy around buy-and-hold investment strategy: In one camp, the goal is to invest in high appreciation areas, even though they are h...
Account Closed
Who thinks Detroit will turn around within the next 5 years?
I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...
Val Berechet
Capital gains and income taxes on property in Mexico?
Does someone have a good link or can provide info on laws regarding capital gains taxes and income taxes on property in Mexico? Am looking to buy something in the Tulum area that will be used as a vacation home but al...
Nick Rutkowski
Where are the young investors?!
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
Coe Davis
Market crash prep
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
Luke F.
For a SFH, what cash flow amount are you seeking?
After all expenses, Cap x, vacancy, etc, what is your minimum today when purchasing?
Josh Calcanis
Life Insurance as Financing?
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
Spencer Sutton
Turnkey Deal Gone Bad...
We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Tom Vanderlinden
Getting Started and having every deal fall through
I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...