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Hello all! Im wondering what are your thoughts on buying a property for cash flow when the seller wants more than what current market value is?
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hello BP friends ... been MIA for a while and looking to get back in the RE groove of things, hoping to seek some advice on an off-market deal that was presented to me. It's a 3 unit bldg in the hot area of Bernal Hei...
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I always hear and read about how New Jersey is a tough place to invest but that is all that's mentioned. I live in NY and I'm looking to house hack in either Newark, Jersey City, or the Oranges. What makes these areas...
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my second buy and hold is a forclosed property. its next to a co worker of mine. he told me to check it out. i did. i got the agents number and we spoke. the agent told me i hate to wait 9 days because owner occu...
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I bought a rental (Town Home) back in 2004 & have been taking a depreciation so that I could get a bigger tax return. The CPA that did my taxes this year advised me that I shouldn't be taking a depreciation if I ...
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Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.? I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...
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Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
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If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
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Hello BP. I was hoping to get some advice from the direct mailing experts out there. I will be purchasing an address list from ListSource, and after running through their options, below is the criteria list I came up ...
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So, I was doing some research after reading the most recent thread on this topic, and I'm wondering if this is accurate. Based on my new understanding, a tenant claiming to have a service animal can only be asked two...