Scott Sauri
SDIRA/401k questions
First of all, thanks to everyone who takes the time to post on this site. I've been reading for a few months now and have learned a lot. This is my first post and I hope this thread isn't too old to be commenting on...
Alan Brown
recaptured depreciation is killing me! accountant help
Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
Nadirah Dawson
Got my first wholesale deal! Now how to close it? Yikes!
Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
Shawn Walters
Hiring a Property Manager
I've decided to hire a property manager to find tenants and also manage properties for me.
I've narrowed down to two, one is a local real estate agent who also does property management on the side. His references (o...
Vitaliy Merkulov
What's your biggest problem with landlord references?
I'd like to know what is your biggest pain point about getting applicant's previous landlord references or giving references?1. Landlords don't respond back to your request for landlord reference. Either you can't get...
Nick Heil
From 0 to 84: How I grew my portable self storage business
I'll never forget the first time I stumbled across the self storage business.
I was on a trip to Florida in early high school with my Dad. We would often drive to Florida together to visit my sister, who at the time ...
Payton Reid
Should you buy a rental property with cash?
I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
Sigmund Reboquio
No offers on my house :( Help
Hello guys, My second day here at BP and Im loving it!Can you please give me some feedback as to why there were no offers on my house?https://www.redfin.com/CA/Fremont/3019-Paine-Ct-94...I know that most likely the an...
Peter K.
Refinance- how do you make money off that?
I heard on BP Podcasts multiple times- especially from Co-host @Brandon Turner that he bought a house as soon as his daughter was born, he bought a multi-family property for a 15 year note so that when his daughter wa...
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.