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I'm sitting on two parcels of land...16 acres residential and 11 acres commercial with 8 acres in between that my 20 unit apartments sit on. We're in the middle of a remodel on the apartments which is where our attent...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
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Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
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This blog is not so much of the normal type of blog where I give a narrative on a subject. Instead, it is a request for feedback in regards to property management software (PMS)for rental property. Currently, I am usi...
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OK so going to post as one of the HATED contractors!
First as explained on the podcast there are three tiers of contractors.
The cheap....Probably one guy with or without a license who works for foo...
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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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Background for those that don't know me: I am a full time real estate investor and I have invested in nearly every aspect of real estate. Recently, I have added transactional funding services to short sale and REO inv...
Hello,I am new to Bigger Pockets. I am trying to help my mother who is in a difficult real estate situation (I apologize for this lengthy email in advance but it is a complex situation). She lives in Hawaii but purcha...
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I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...
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I am a complete newbie and am planning to buy my very first investment property (very first property to be exact). I live in Los Angeles but the real estate here is way out of my price range. Does anyone have any advi...