My brother and I started a LLC 2.5 yrs ago with the goal of purchasing rental properties with excellent cash flow. We have accumulated 19 properties. Our plan was to purchase cheap (with cash), rehab, and then rent ...
I have a paid for house that the market value is about $800K. I would like to use the equity for an investment but do not want to make payments for two years so I am thinking about a reverse mortgage for $200K to be p...
I've been handling my own bookkeeping for years and every year, it's been getting more and more challenging as I've begun to accumulate additional real estate investment properties and other investments. I think this...
Hello everyone! I am doing research for my first RE purchase and have identified a wholesaler to provide me with deal options. All of the deal options offered require cash or hard money. I have also located a couple p...
Hi all,I've struggled for weeks to get a definitive answer to this, and am hoping the magic of the BP community comes through here: how do I calculate a rental property's total depreciation amount from which 25% will ...
Hello BP community,
I am posting here to give anyone trying to go through an eviction in NYS some hope! I had a tenant who had stopped paying rent in August, and her lease expired in September. She would not leave th...
Did you begin your journey as a wholesaler by creating a website for credibility?
This week I have been working with my Dad as an active Real Estate Investor for 40 years. Here are five tips to succeed as a Real Estate Investor for 40 years:1. Set written goals of what you want to achieve and revi...
I'm writing an offer on a property that I'm planning to pay all cash for. My wife and I are each contributing to the purchase and we would both like to be on title. However, we have a long-term plan to accumulate mo...
I have been investing in the greater Seattle area for the last 3 years with my wife and have accumulated 29 doors across 3 properties (and sold another 6 doors). We are now looking to invest in the Cleveland market an...