Craig S.
Factoring in downpayment on 50% Rule, first deal!
Hello,
I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...
Leonardo Cadenazzi
Wholesaling in California / San Diego
I started wholesaling locally in San Diego back in June with the help of a friend of a friend that wholesales in AZ. We are not in contact anymore.
I am sending out direct mail to absentee owners, 1600 letter...
Lance Card
Long Distance Investing
The Utah market is bone dry. Finding investment deals for buy and holds is nigh unto impossible right now, but I see deals being offered up all over the country. Would you suggest that I look into long distance invest...
Taylor Robinson
Newbie Investor San Diego Buy and Hold Strategies
Hey guys! First off I'd like to thank the BiggerPockets community for the wealth of information provided. I am extremely new to real estate investing, but have learned more from this community in the last few months t...
Chris Simmons
Need llc but have conventional mortgages
I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
John Duke
Is it okay for a realtor to drive a 2 door coupe?
Hey guys, Im 23 years old and just about to get my real estate license. I have money to buy a new car but I really hate 4 doors. My plan is to buy fuel efficient yet sporty Subaru BRZ sports coupe next week. But for s...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Chris Stevenson
Truth is, Jerry and his deal genie staff will not buy your deal!
This is truly disheartening to have to post this. I am a member of Jerry’s $10k program and I must warn the world that this program is not what he makes it seem. First off, it is extremely difficult in today’s market ...
M Marie M.
Distance Lanlording, gentrification & city ordnances
The basics- I live in DC, I have a rental in Ocala, FL sorta managed by my parents also in that city. When I bought the place the house to the left of it was a vacant tear down shack filled with junk, the house to the...
Kevin Z.
Best improvements to make to a vacant unit?
Hello,I just had my first vacancy in a 4 unit apartment building that I have owned for about two years. It is located in Los Angeles, fairly blue collar, strong rental area a few miles west of USC. The building is s...