I bought a 1400 sq ft 3 br 2 bath HUD home in late 2012 for ~$130k after closing costs in Puyallup WA on a 15 year fixed mortgage at 2.875% interest. (Why 15 year? Wife listens to Dave Ramsey and the difference was on...
Guys I just set my personal best (with a lot of help from my good friend Ophelia Nicholson) on a buy, rehab and sell. I bought this 4/2.5 sfh on 12/17/14 did a complete rehab on it and sold it on 3/24/15. Just excit...
Greetings! (First post on a BP Forum!)I have a portfolio of properties (more than 20 units) that are being handled by a single property manager. I get the owner's statement every month (from Buildium) that shows ren...
If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
A customer of mine mentioned she is selling off all of her properties as she is 80 and looking to enjoy the rest of her life task free.
My wife and I are going to look at one of those properties this week but don't...
“Cash flow is king” is a mantra to many. It’s repeated over and over in forums and conferences. I am not a “cash flow is king” investor
Pending one’s stage in life and career, I submit growing equity and increasi...
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...