Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...
What are some of the best markets for LTR multi-family with a decent rent to purchase price ratio?
I'm looking at a set of lots for a new development project. Most that I have considered already have road, sewer and electric ready and the lot has been cleared. The more I have looked, the more opportunities I find -...
Hi BP! My husband and I recently purchased our first rental property! Now we need a Kentucky lease that is up to date with state laws. Any suggestions on where I can find an appropriate lease for our new tenants?Thank...
I am considering placing an all cash offer on a 6 unit apartment building. The intention is that the all cash offer would be more attractive to the seller. If I close the cash purchase can I obtain delayed financing o...
Has anyone out there created a fund for Notes that could give some advice?
Can anyone tell me where I can get a sample of a wholesale contract? I did a search here on BP but didn't find any. Thanks,
Mario
Hello,
So I have 2 properties in Missouri and wanted to branch out specifically into the short term rental market. My main concern is cash flow. I want to cash flow if possible 1k or more from each property I would b...
I have always heard that you need cash to purchase a property from the auction and I wanted to see if anyone in the BP community has heard differently or has any suggestions as to how to raise enough capital to purcha...
We're can I obtain a purchase and sales agreement to start wholesaling ---->Help Please???