Hi, BPHow do we deduct a new laptop on the Schedule E form?
As you may know, each property has a separate column where we can deduct the property's expenses like: Mortgage Interest paid, Taxes and Repairs.
Under wh...
I have a property that was in a revocable living trust and the owner has passed away. The property sits vacant and I would like to contact the attorney to tell them that we are interested in buying the property. The p...
Hi everyone, I am currently based in Jakarta (my hometown) for work but plan to go back to LA (lived there for 6 years and loved it) in a year or two to start investing in real estate, specifically in rental properti...
Hello BP!
My name is Brandon, and I am an up and coming real estate investor as well as data analyst. I have a passion for big data and using it to drive results (especially in real estate). I currently own 1 rental ...
Hey BP! I'm thinking about doing a duplex conversion in my city and split the meters. Our codes aren't clear cut like other counties in my area as there is no R-2 zone. Rather, there is what's called an "Accessory ...
I am brand new to real estate. I have spent 200+ hours listening to the BP podcast, performing research on real estate, and reading books to include the “ABC’s of Real Estate”. I am most interested in the BRRRR method...
I'm just starting my wholesaling journey, and finding cash buyers is more difficult than I anticipated. I'm looking for tips and advice on different strategies to connect with cash buyers. I have posted on some Facebo...
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
Building wealth and becoming rich is almost everyone's dream. There are many avenues to building wealth and growing a portfolio of assets. One of the avenues to amassing wealth is owning rental properties. Rental p...
Hey guys, So I did some searching around the forums and couldn't find this answer. However, I did learn through my research that in WA state you cannot do a simultaneous closing but are allowed to do a double closing ...