Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...

So I’ve been looking at a lot of apartment buildings for sale lately. What I’ve noticed is that owners, each and every time are asking way too much for their properties. Without fail they are skimping on expenses, o...

Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project. Most investors choose materials on the fly, right as their contractors need the...

Hi all
I searched in BP and found lots of posts talking about how to get new mortgages after you hit 10+ financed properties. However my question is a little different - After hitting 10th conventional financed prope...

So I'm blown away that after 20+ days of a mortgage lender having my tax returns (with schedule E losses), they now come back to me and tell me that I do not qualify for a new personal residential mortgage because ...

Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...

Hi - I have a small portfolio and want to help tenants on lease option improve their credit for an FHA take out. Has anyone used RentTrack or similar. The smaller ones like RentalKharma only report to TU and charge te...

IntroIt has been 3-4 weeks since I got fired from my fresh out of college job. I worked at this restaurant for about 8 months and they let me go because I had a too busy schedule. CurrentSo right now I am interning fo...

Hi guys let me know if this is a deal or dud

i've never done a subject to before but this property is in down town S.F.

the building 59 units
average rent 1,500
3 vacancies
current NOI 661,475

the seller wants 2.4 ...

I know Wholesaling has been a hot topic lately but if it's done right it can really make people happy and make things easier for sellers and investors.  Okay my pitch is done,I am wondering how other wholesalers show ...