So to start off my first success story on BP I need to send a couple of key shout outs. First I need to say thank you to Josh Dorkin and Brandon Turner of BP. Without this community I would not have found this deal!...
I have held a triplex in Berkeley since 2002. It was the third property I purchased. It has about $2 million equity and a $550K principal balance. It is like a very extended BRRRR. I am finally ready for the refin...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
I have a single family home, 4 bedrooms, 2 baths, single story, 1800 sq. ft. in a nice suburb community in Houston, Texas. I purchased the home in 2009 for 121K and I would like to sell it today for 170K. It has had o...
There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...
Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
Wow, this is interesting ... Denver has filed felony criminal charges against a Denver couple for operating multiple Airbnb short-term rentals in violation of the primary residence.According to the people I talk to in...
I'm renting out the other side of my duplex and there are 3 people on the lease. One of them just called and said he can't afford rent due to job loss and will be moving out. He said he's looking for a sub-lease alrea...
Can anyone offer actual insight into this whole mess with Tom Krol and Vincent Polisi?
Ive spoken with Tom before and he seems like a decent guy. I just want to be sure that before I move forward I'm not doing anyth...