Janelle Hicks
Which deal would you do?
Which deal would you do and why? Ok 3 options we have:Deal A: package deal with 2 houses (2/1 and 1/1) plus a vacant lot asking 140k. Smaller town. Needs about $15k in mostly cosmetic updates but livable now and could...
Stephen R.
Overbudget penalty for contractors
I recently decided to add a deadline penalty for a contractor that does not meet their agreed upon project completion date. Would a budget penalty be appropriate as well?I know many contractors will underbid a project...
Kellan Hyacinthe
Newbie_AD Air Force in Ramstein Germany
Hi my name is Kellan and I am an Active duty military member living in government paid housing in Germany. I'm interested in building a portfolio of single family income generating rental properties. I'm currently tr...
Andrew Lawrence
General REI questions
As the description states, I have a list of questions for BP members as I browsed the internet and BP forums for some of these, and others for opinions of others who have gone through these scenarios.
1. When giving...
John Tarantino
Cost Segregation Questions
1) Will you lose material participation in the cost segregation if your property is in a neighboring state?
2) If you close on a property in December this year. Can it still qualify for 100% cost segregation?
Mike Neyman
Strategies for Finding End-Buyers
What are some effective strategies, marketing techniques, etc. to find end buyers for rehabbed properties in this market?
I'm finishing up my 4th rehab and have some potential buyers for a couple of them, but want to...
Robby Sanchez
bonus depreciation questions
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...
Ben Zelenka
Online Savings Accounts? Where to go?
Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it als...
Joshua Dorkin
What Business Rewards Credit Card Do You Use / Recommend?
Hey guys -
I'm looking to pick up a rewards credit card for the business, and was hoping for some recommendations. Which ones do you use and why?
Mrunal Panchal
$6 million to 1031 exchange...Ideas?
Some homeless housing developer offered us $6 million and we sold the motel. The challenge is to 1031-exchange this money where we can make money passively. What are some ideas? Apartment, multi-family units? Where sh...