Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Scott Eadie
Beginner with Large Capital Access ($10M)
Good Morning,I have reached out to a wonderful investors real estate agent and have read the book " The Millionaire Real Estate Investor " which has given me a good introduction including Mindset, Charts, an Understa...
Chris T.
Landlords - renting out a house with basic improvements?
Morning BP. I tried searching for this and didn't find much discussion. Has any landlords out there, on BP, that did the minimum updates, and market their rentals for under market rent?Definitely NOT slum lord standa...
Wilson Lee
A Car Drove in to my Rental House
I don't know how to start. hum, A drunk driver drove their SUV in to the living room/dinning room of my rental unit. The damage is about $45,000-60,000 I got the house for $20,200 and put $15,000 into the house....
Alex Aguilar
Property management buffalo, ny
About to close on a duplex in Buffalo, NY. Anyone have recommendations on property management companies?
Julie Berks
"No major issues affecting safety, soundness, and habitability"
When inquiring about a specific property that is in need of major "cosmetic" repairs/ replacement:*drywall damage*holes in interior doors*tile missing in shower*disgusting rugs*peeling vinyl flooringAll things we have...
Joey Hamaoui
Honesty & Rehab Costs
Hey everyone,My partner and I are looking at getting into flipping houses. We've done minor rehab projects for rental properties but now we're looking to get into flipping homes and I wanted to ask two questions to th...
Dane Kania
Strategic ways real estate agents fund investment properties
So, I'm a new agent to the salt lake area. As we all know, being an agent can provide many advantages to building your investment portfolio. I'm currently working on my first live in flip and looking for strategic mov...
Vincent Plant
Contractor took my money!
I own a rental and the roof was in bad shape and the insurance co notified me it needed to be replaced or they would drop us. No biggie, I new going into it that it would need to be replaced soon so I began getting qu...
David Coronado
Am I getting ripped off with my closing cost?
Hi BP,
I’m currently in the process of remodeling my second house with a 2 in 1 loan (construction and refinance). I’m planning on adding square footage and several bathrooms.
Once the construction is complete the r...