Brad Beadling
Can you rent out storage space and housing on same property?
Hello all!I am curious if there is anything illegal about renting a home to tenants and in addition renting out storage space to someone who is not renting the property. For example if I bought a multi-family propert...
Julio Gonzalez
When to Capitalize vs Expense
Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
Anthony K.
Excited new BP member from Santa Monica!
Hi, my name is Anthony Kanner and I grew up in the West LA/Santa Monica area, went to USC for undergrad, and am currently active in a family owned real estate investment company. I am also an investment real estate...
Joel G.
Buying a Brick House That Was Moved - Literally
Hi BP Community!I'm currently under contract on a property and after pulling permits, I found out that the house was literally moved. The seller didn't disclose, so I'm looking to make sure they are aware of this befo...
Erika Taylor
Poll: Real Estate Portal?
Hi there! :)I have a question for all of you working in the real estate business. Which software do you use for communication and collaboration? Do you rely on an in-house software? Do you use free tools like Slack / ...
Account Closed
Can banks lend money for a house that costs less?
Lets say someone wants to buy a house for 150,000 but the real value of the house is 140,000 will the person still get the loan? Or the bank wont let the person get it?--If banks wouldnt lend the person, thenHere is m...
Quang Tran
Rehab; Costs and Estimates?4
I've recently took my first step into real estate investing and got pre approved for a home. Im trying to break through the fear of each step of Real Estate Investing but it seems im getting lost in paralysis analysis...
Mark B.
Dropbox Security Questions
Good morning! I'm getting starting in REI and am currently working on my first deal. I'm getting a lot of files sent to me and have been managing them on my computer in an encrypted folder. I use dropbox for other f...
Beau Fugitt
Wholesaling - Assignment vs Double Close
I've never done a wholesale deal, but I am curious - why would someone double close over simply assigning the purchase agreement. I understand why someone may double close if their purchase agreement had an anti ass...
Ben Sears
Drop in County Tax Assessment
Hello BP-I wanted to throw out a question related to local tax assessments. I recently purchased a rental on a good deal and it is currently cash flowing nicely. My question is what would cause the tax assessment to d...