I'm trying to understand the calculation for depreciation. I used a calculator and entered some numbers to find the yearly depreciation of a rental property. It tells me that it would depreciate in value by 7,700 a ye...
Hi,my name is Claude, I'm 32 and about 8 months ago I graduated with a master degree. I 'm currently working in SV as an Email Campaign Specialist and slowly gaining stability. I already owed an SFH in Florida which p...
Entity structuring is one of those often-overlooked areas of Real Estate Investing that can be kind of like the flu- you don't really give much thought to it until you get it (it, in the case of entity structuring, be...
Wow. What a ride thus far.
I feel like I've expedited my investing knowledge by atleast 10-15 years with what I've learned over the past few months listening to over 335 BP episodes.
I've been a member for years &...
Hi BP InvestorsI'm making a hard money loan on a deal in Chicago. The borrower and I both live in Texas, but the properties are in the Windy City. It's two properties next door to each other.I need an attorney licen...
Selling your home cash vs seller financing. A mortgage you create eventually ends where a rental contract could last forever. Are there formulas to compare those values? Besides obviously using your cash reserves to...
Hey guys, I have a deal I am trying to process. The property is in distress, and I have the funds and skill set to rehab. My question is , how can I structure the deal to pay the owner at the refinance point for th...
Right now I'm in the process of getting my agent license, and I'm currently getting beat to death about disclosure. I can clearly see how it's a slippery slope, and some investors advise against getting your license f...
Hi everyone, I am a realtor working in CA and an investor who wanted to buy a short sale told me he heard something about if he bought a short sale home and used it for rental and not primary residence, the original o...
Hey everyone! I've been a fan of Biggepockets for quite some time and I'm interested in connecting with fellow investors on the site. I currently live in an owner-occupied duplex and I am interested getting into flipp...