I have a short term rental that I did a cost segregation on and am taking accelerated bonus depreciation. I live in OR but my rental is in AZ. My issue is AZ is a non-conforming (does not recognize the bonus). If I...
I have a BRRRR property with an ARV of $130k. I plan on taking advantage of the cash-out refinance (75% LTV) to recoup my purchase and rehab costs. I'd like to avoid coming out of pocket at closing for the closing cos...
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So I acquired a home that needs almost everything fixed and I plan on assigning the agreement to a wholesaler, rehabber, fix and flipper, etc.
What are the core things I need to know when buyers call me about the hom...
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I've read that the general opinion on here is to source your own deals. From what I've gathered that is where the best leads come from. Up until now, I have been buying properties from wholesalers.
My goal on my nex...
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When creating a website for distressed sellers and content... there are different types of distressed sellers, but one thing in common they want to sell fast..
If you were a distressed seller what would you be thinki...
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Dear BP family,I received a lead from a middle-income neighborhood and I am trying to figure out the best strategy considering the following:Empty-nesters tired of home owners dues every six months, have a few recreat...
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After doing several flips in the last few years, I am tired of my profit being taxed as short-term profit. I usually purchase properties in the $200K to $250K range for cash. My rehabs have averaged anywhere from $1...
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A week ago, my tenant caused minor damage(bent a bit) to a neighbor's utility line support beam while driving a rented u-haul. My tenant called police/fire and no safety issue found, and also started the process of in...
Are taxes and insurance paid separately or included in a mortgage payment?
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Hello everyone, My name is Mark and I am a new real estate investor. I am currently the owner of a single family home which I am "house hacking," in, i.e. Renting out rooms. I have three jobs(one full time and two par...