As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Just wondering if people are typically holding additional money for large Capital Expenditures when purchasing a rental property in a high rise. I have money put aside in my calculations for repairs and maintenance (...
Any advice when approaching a potential private money lender.
Hello,I want to start practicing how to underwrite Deals. I understand NOI, CAP, GOI, GSI , DCR , OP-Exp ( and i'm sure theres more). but I need some deals to look at so i can practice determining whether something is...
I've been researching and trying to take in as much information as possible for around 5 months now. Problem is there are so many terms and different paths of going about real estate its most definitely overwhelmin...
Hi BP Community,While I've been a longtime listener of the podcasts, I'm diving head first into properties this year despite the uncertain conditions. I've found basically a duplex on the inside (2 kitchens and many b...
I'm new to the investment game and I'm still trying to make the connections I'll need for my first purchase. I am interested in purchasing SFR(s) to rent, and I have heard conflicting things about whether I should see...
Hello everyone,I've decided to take the California agent exam, so that I can get access to MLS for deals etc. Have a friend who is a fellow investor as well as a licensed broker (again, mainly to look for deals for hi...
Many of us enter the game of real estate investing with what I call a poverty mentality!
A poverty mentality is simply when one is focusing on what they do not have and in time this mentality can easily turn to greed...
A potential seller reached out to my partner and said he wanted to get rid of his house. The seller owes 37k on a home equity loan. Its a 700 sq ft 2 bd 1 ba house on a 7800 sq ft lot. Besides his house and 2 others a...