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I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
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Afternoon BP Fam, wanted to hear your opinion on a rental property. My friend is going to supply the money for the down payment. I will bring $0 of my own money. But, I will be finding/negotiating the deal, listing th...
Hi,
I have recently purchased my first student rental property at Waterloo which is 1500 sqr feet with 7 bedrooms(3 second story, 2 main floor, 2 basement) and 2 bathrooms. It was after i purchased that i started rea...
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I read somewhere that you can write off on your taxes a certain portion of your income if the property is younger than 27.5 years (or something to that tune). I recall there being something about a 10K threshold. Mayb...
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I've been a real estate investor and wholesaler since 2012 in Cincinnati, Ohio and surrounding markets. We've rehabbed 6 houses on our own and I've now wholesaled north of 300 deals to other real estate investors.I'v...
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Hi all! Basic etiquette question, but if I am targeting a specific metro and am hoping to have realtor help in searching for deals, should I contact several good realtors in the area, let them know my niche and ask if...
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Here are a few basic questions regarding which contracts to use when wholesaling in CA. I am hoping someone can help me out with this. Thanks.
1. CA Residential Purchase Agreement Contract - The seller of the hous...
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I’m looking at going into a deal with someone that already owns a piece of property. We are essentially supplying the tenants in exchange for equity in the property as opposed to a percentage of the income. We have a ...
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There are a lot of condos for sale in Tampa and surrounding areas. One thing I've noticed is that a lot of them are in apartement complexes where the majority of units are being rented and not owned. Maybe I'm a newb,...
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I am meeting with 2 separate private investors this week. We are looking to step up into Apartment Buildings versus the SFH and 1-4 Unit properties we are doing.The property in question is between 1.1-1.4M. We barely...