Shyam Kumar
Is it better to do real estate investments Texas or California?
I have been thinking about relocating either in California or Texas. I want make this decision based on which state and city is better suited for real estate investments. I want live in a city where I can expand my re...
Haydn Zeis
How I walked away from my first deal with $67,899.45; thanks BP!
As I’m writing this I’m about 12 hours and 30 minutes away closing on my first deal. However, I’m not going to post this on the forum until the paperwork is signed! You never know what can happen!In 2014 I purchased...
Justin Brin
What percentage is the structure worth vs land for depreciation?
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
Enrique S.
We got a call from Renatus and we were shocked...
Hi BP members!! This will be our first post so please bare with us. So we received a call from a lady working for Renatus called Christina and she offered the mentoring we were looking for. She asked a series of quest...
Jason L.
Rental Kitchen Cabinets: Is it worth it to buy more expensive?
I am remodeling a small kitchen (70 SF) I have on a house I have under contract right now. The kitchen is old and dingy, and I wanted to change it out so that we can add a dishwasher to the space (there currently isn'...
Lacey S.
Lots of inquiries, shows, no lease
My husband and I recently bought our first house to rent, it was a big step taken after much research and thanks in part to what I have learned from BP!I've been marketing it for several weeks (posting a few times a d...
Account Closed
What do you offer as Ernest money on foreclosures ??
We have been buying foreclosures off the MLS. are offers are cash purchases no inspections and our agent has been suggesting EM of 10% of the offer price. My issue is that some of these transitions are taking up to 6 ...
Darren Horrocks
Ventura County - Ideal Neighbourhoods?
Hi,I'm looking to get an understanding of some of the locations in LA County and Ventura county. Are there any areas that you would recommend staying away from, and why?I am interested in the following, and plan to dr...
Phil Novack
New member - targeting Pittsburgh, Central/Northern NJ or Detroit!
Hello BP - nice to meet everyone! I've spent the last couple months in education phase, reading RDPD, Keller's Millionaire Real Estate Investor, many blogs, and I'm now reading J Scott's 123Flip cover-to-cover. In...
Scott M.
Tax Implications of 6+ Land Contracts
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...