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Good morning,I am a new investor and I just recently had an offer accepted on my first two homes. One in NC and the other in IN (I live in CA). I have had all the inspections done and I am now in the process of sortin...
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A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
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Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
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Hi Everybody--I've been watching and researching the foreclosure auctions in Hillsborough County (Tampa, FL area) for the last several months and think I'm ready to move to the next stage-- POSSIBLY bidding! ;) And, b...
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Does anyone have any recommendations for a good syndicate with a track record in multi family. I already have some investments with Ashcroft. Was wondering if there were any other firms I should look at.Thanks,Marc
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Hello everyone!
This is my first post and excited to be part of the BP movement! My life was turned upside down exactly 2 weeks ago when my wife said that she will be getting laid off in the next 3 months.
Inst...
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Hello BP members,I am a newbie here wanting to close atleast 1 deal by the end of this year.I am interested in buy and hold, cash flow rental properties and planning to start off with a Single Family Residence. Since ...
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Hi,I am stuck with Lead affected property for over one year, it is marked lead affected by health department in Youngstown, Ohio. Without fixing it we can't rent and also no one wants to buy. only thing i want right n...
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I made an offer of 130k on a duplex that was listed for 200k, it was approved by the seller and we began escrow. However, the appraisal came back at 136k, I'm wondering what I'm missing here? My intension is to use t...
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(I apologize in advance for the long post)Some background:I'm interested in a property as a rehab project located in a seaside town here in Massachusetts. The average lot size as you get closer to the water is greatl...