Nic S.
Tax Depreciation 101
Hi BP, Can someone talk to me about the amount of value you place in Tax Depreciation when evaluating deals. I'm looking at a SFH that cash flows $175 with a lower CoC of 8%. The seller is telling me that I should con...
Matthew Defore
First opportunity for private loan from an aquaintance... how to?
I have my first opportunity to take a private money loan from an acquaintance. This will be a first for the potential lender as well. I am still kicking around the idea, and I want to learn more about the concept fi...
Bryan Lester
The wisdom of paying off loan?
My specific question is the basic idea of how a loan works. Any further elaboration is appreciated.
Say I get a 100K loan on a 120K house. The monthly fee I am paying for this loan includes interest, property tax, in...
Loren Becker
Feuding joint tenants; how do I find common ground
I have a property I have been woking to get under contract for over a year 450k unfortunately,
the owners Uncle and Niece are in different states and don't speak, Any ideas with getting to common ground. the prope...
Jake Warr
Rental Property ROI Strategies
When you are buying a rental property, what is your strategy? For example, do you try to clear $500 over the mortgage? Or do you base your ROI as a percentage? What is YOUR method when buying a rental property?
Account Closed
Chicago based Bolthouse Homes offering free media!
Good afternoon, I work in business development for Bolthouse Homes and something we are really trying to be on top of is Media and Networking and what better way then to offer a free service to Real Estate Professiona...
Carlos Ortiz
seller finance
I understand the concept of seller financing, but I need help with the numbers? So if there's anyone can draw up an example or a link they can refer me to that shows an example that's does that it would be really ...
Sabine French
Architect fees on ranch reno
Hey all. I’ve done DIY renos and updates in the past with my now wasband. This’ll be my first working with a contractor. I’m updating half of a 1960 ranch —basically doing what we do with ranches: removing a load bear...
Augustin G.
Ice breaker - Fresh meat from upstate NY!
Hello all,
Just wanted to take a moment to introduce myself and break the ice as I would like to become more active on the forums.
My name is Augustin (Gus). I'm 24 years old and reside in upstate NY (B...
David M.
Help With Understanding Capital Expenditure Depreciation
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...