So I understand the concept of depreciation - appreciating asset that degrades (“depreciates”) over 27.5 years so you get to take a loss on taxes. My question is: how is that depreciation number determined, specifical...
Hello, New to BP. My question is I currently have a mobile home fixed to a property. I have enough land to add an additional home to it. What steps do I need to take in order to split or share the property with a ...
Property Radar only filters properties based on delinquent status. Anyone know how long it takes for those to turn into liens?
Hi,I am looking to make an out-of-state SFH rental investment around the Houston area. I came across some SFH in League City, Texas. Numbers based on Zillow (house cost and rental value) works for me. Schools were als...
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Looking at a commercial asset that has an existing CMBS loan with very attractive terms. The loan is very new actually. I wanted to know, if we were to purchase the property, how would the CMBS lender underwrite us. O...
Commercial vs ResidentialWhen I started out buying real estate I started out the same way many other new investors do. Low capital and no 1st hand investment experience. Naturally I started small, I started out buying...
Is hiring a title company necessary for my first deal? How much is hiring a title company?Do i hire a title company when i get a deal under contract or before or when i close the deal?Thanks.
Hi Everyone!
I have been lurking on this site for a few weeks and am absolutely amazed by the wealth and quality of information available! Josh and Brandon have done an amazing job.
I have become interested in chart...
When buying a house for a price that is higher than the current assessed tax value would the city always raise the taxes up to match the new purchase price? I was wondering if this varies based on where you are buying...