Thank you in advance for comments and advice. Sorry for the long post but wanted to make sure I had all the information in there for review - Thanks!Package Purchase Price - $385kSFR Brick Ranch @ 40kDuplexes 3 (6 uni...
I bought a short sale in Jan 2013 for all in of $54,000 with Self Directed IRA. My plan at the time was to spend about $15K and rent for approximately $1200. The seller, who entered into short sale, approached me at...
There are lots of discussion about having properties in different class area with different quality of tenantsHow to determine which class does a area belong to or the definitions are more subjective to investor?
Im looking at a townhouse investment. This is my first potential deal. I like it for several reasons. For one, it appears to be virtually turnkey. This is a new townhouse development that is not yet complete in constr...
Hello BP Community, I have a question regarding one of my new tenants. I had a tenant sign a lease with me at the end of May. On paper she passed with flying colors - 3X income, good credit, positive landlord referenc...
Hello all,
Wanted to write a little bit about having my first apartment under contract. It was only one apartment and then recently another deal came through the funnel and now two apartments are under contract. Both...
Hi everyone,I thought this could be an interesting/fun topic. I'm about to close on a home. I know what design I "could" go with. However I'm polling YOU.. the BP crew to weigh in on my decisions and tell me if you ...
Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?
Looking at finally purchasing my first home. I want to live in it as well so my plan is to house hack and rent out the top. Is their anything I should keep in mind? I plan on buying another house ASAP, do I need to li...
Hello all,I'm new to BP and investing. I am mainly interested in doing buy and hold but I want to try some flips as well. I am in the bay area in the east bay in union city / hayward area.I've found a house that I cou...