Hey guys! I’m just starting out with RE investing and I just had a few questions. 1. How are people able to become millionaires through owning rentals? I understand how cash flow works but I just can’t understand how ...

Hello,Does anyone have experience with diycostseg.com?We need a cost segregation report for a 32-unit complex and this should be a must cheaper option but would like to hear from people who actually used their service...

Hi BP Forum,
I'm a novice when it comes to REI and wondering if you guys can help me with my situation. I'm looking to refinance my VA loan with a conventional loan.
Currently, my home has about 170K in equity and...

What are the benefits of an unlicensed wholesaler working with a real estate agent or broker?

I am a wholesaler based out of Pierce County, Washington (state) and was curious.

I am aware that agents can help with co...

Hey so I'm going to set up an LLC to flip houses under in a couple months and I need some info on how to exactly structure the entity. I know a lot of people use the S Corp election for flipping houses because of the ...

Hi, (first post) I'm closing on a single family rental in 4 days and I've been trying to find out if depreciation is based on present value or my offer price. Its a foreclosure, estimated worth (after rehab) 195k and ...

What are the benefits of going with a local mortgage lender than with a national lender? (I’m looking to do a cash out ReFi for a down payment on a house to house hack)

Hello BP community,I am curious to know how many real estate agents form an LLC to receive their commission check from their broker when closing deals?  What are the benefits/disadvantages of owning an LLC compared to...

The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses st...

Hi guys, I am currently working on 2 deals for which I am trying work out the "subject to" deals. Sellers don't want to tie up their VA benefits, so they both are not willing to go that route.How would you suggest to ...