I'm familiar with a lot of the cities on the Ohio side in Cincinnati and upon a tip I started looking in Bellevue, Covington, and Newport in Kentucky. Covington seems to be a great place to buy and hold with little to...
Hey guys,I have a unique situation in American Fork, Utah. It's a vacant property, and after doing some skip-tracing I found that it went through probate. I contacted the executor of the estate and put the property un...
I'm not a negative person. But, my latest encounter with a specific wholesaling operation in DFW has once again left me with a nasty taste in my mouth. It's bad enough I have wholesalers marketing "deals" to me that...
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
I see a lot of questions about financing and starting out and thought this would be a good discussion to start.
Like the subject says, how did you finance you first deal?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
It is not often in life that you truly get the chance to see what you're made of - as an investor, a consumer, a citizen, a human being. For whatever reason, it generally takes monumental events - often catastrophes -...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...