I'm a moderately experienced moonlight investor with solid and relevant non-RE professional credentials, just got my real estate licence, joined my PM's brokerage, and I just had 3 deals pay out. I'm working on level...
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Hello,My name is Carl from Eastvale, California.I'm highly interested in purchasing my first rental property, but have no idea where to start. I have some money saved up and am convinced that my only option is out-of-...
Hi BP community . My grandparents have lived in a 2 - unit duplex in Cambridge MA for 53 years. They purchased their home for $35k - the value has sky rocketed in the past 15 years. They are looking to move out of th...
While trying to set up a self directed IRA for real estate investing the rep explained to me that I can’t go to Home Depot to buy building materials. He said I “ You have to stay out of Home Depot” OK, not off to good...
a friend of mine was telling me about another friend's real estate "strategy". sounds fishy to me, so i was hoping to get others' opinions.basically, he says the guy does the following:1) finds distressed property2) ...
I have company who I was considering purchasing a 5 year note but since it is my first rodeo, I was looking for guidance as to what to ask the note company?I asked some basic question and here was their response:"All ...
I'm worried about over-leveraging myself on my properties. My wife and I have our primary residence and a rental property (that we have owned for about 4 months). I'm thinking about using $20K of the $80k equity in m...
OK just starting out here so excuse my ignorance, but how does NOI make any sense on its own? Shouldn't there be some type of relationship between NOI and Operating Cash Flow, like a rule of thumb such as "if OCF outw...