Kyle Swengel
Bonus Depreciation and My CPA’s Advice
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Account Closed
Opinions on obtaining a Bachelors Degree
My main goal is to start my own real estate business. I'd like to do it all: wholesale, rehabs, flips, rentals, etc. I'd like to start with wholesaling, then work into flips, possible spec builds, then working to poss...
Billie Miller
Moving out of 2 year house hack
The first part of this house hacking success story could have been written a couple years ago, but it wasn't, so here is the final part!We bought a duplex with owner-occupied financing in March of 2015. We had to evic...
Jose A Perez
Searching for new Accountant
Hello BP family, I'm currently searching for a new accountant that specializes in RE investments and operations. Please feel free to refer your favorite CPA or Bookkeeper!
Richard A.
Just passed the CA RE Exam
WOW!!! I just passed the California Real Estate Salesperson Exam in Fresno. I can tell you right now...there was absolutely no math on this test.I feel pretty good right now and excited to get started.
Anastasia Jordan
Birmingham Land Bank Trust for rehab rentals.
Has anyone here ever used the BLTB to obtain properties to rehab/rent? Please share the time line to took to get possession of the property. I have already submitted an application on a property and was told to submi...
Sean Walton
My Developer Friendly Architecture Firm
Hi all,
I work at brick architect and interiors (dba brick.). We are a growing firm doing a lot of cool projects all over the Bay Area. Our start was all developer driven 50,000 to 200,000 SF building. We are mor...
Kevin Parnella
IRA as down payment
Hi all,I Good afternoon. I love the board. I've been reading through the posts and have learned quite a bit.I am in the mortgage industry and know general guidelines. I'm looking to try and figure out ways if using my...
Don Konipol
Correcting the Top 10 Mistaken Beliefs About Wholesaling
1. It’s WHOLESALING, not WHOLE SELLING2. It’s a job/business, not investing 3. You CAN’T be successful doing it without capital4. “Driving for dollars” is not a viable strategy; the people successful at wholesaling sp...
NaDean Bowles
Need Advice on Development Land
Today I began talks regarding a large piece of land that would be perfect for both commercial development on one side and a subdivision on the other. Discussions of seller carry back were batted around with the sell...