Edward B.
Tax writeoff on a charitable donation of property in Virginia
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...
Jess Carr
STR Markets - where should I be looking?
With the housing market so crazy, where are people finding deals for short-term rentals these days? I prefer places out west in the mountains, but I’m open-minded. I spent a lot of time looking in the Smokies and am m...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Jared Vidales
Calling all RV & Boat Storage Operators!
Maybe it's a good thing that I cannot find any real operators, or underwriting models for RV/Boat storage facilities. :)Who here actually owns and operates these facilities? We were underwriting the feasibility of sel...
Mark Petrik
Lazy Millionaire System
Hello BP!! Does anyone have any insight on the Lazy Millionaire System? Good .. Or BadThanks Mark
David Hanor
Ever offer way below asking price?
Looking at a property listed in the $180k range that might rent for $1400 (it was listed for $1200 earlier this year). It's been a rental the past 12 years--is it insulting to offer $140-150k? It's been on the market ...
David Edwards
Master Bedroom: drives rent value
I am looking at a few designs for this duplex layout. There are complex reasons but just understand that I am limited in footprint and cannot add more total square footage to the build.
My opinion is that the Master ...
Megan Elise McIlvaine
How to decide whether to Fix and Flip or Buy and Hold? Atlanta
I would like to know how the characteristics and elements of a property that investors look at before deciding to Fix and Flip or Buy and Hold?Also, for the Atlanta investors out there, do you notice the real estate i...
Mike G.
The housing bust is over!
Good news, everyone. The real estate market has officially reached bottom. At least according to this Wall Street Journal article.
http://online.wsj.com/article/SB10001424052702303644004577520414196790098.html
So n...
Christine Hull
Use an agent to sell lots?
I've been working on subdividing 5 lots in a country neighborhood that I've created. I am ready to sell but still not sure if I want to try and sell them FSBO or just go with a realtor. If I do choose the realtor rout...