I'm looking at bidding on a property with the city and I was hoping someone could decifer this messaging that is on the property documents. Here it is:A Federal Tax Lien against REDACTED in the amount of $xxx, plus co...
There is a SFR near my rentals that has just come on the market. I am at a loss as to what the seller is trying to do. The back story....This house is in a C minus neighborhood. The previous owner developed a drug p...
Hey Everyone, I am looking into a place in the Los Angeles area that is zoned R2. Its on a 6500ish lot with a 4500ish house on it. Is it possible to turn this into a duplex? As far as I was reading it, it is possible ...
My interpretation of bird dogging is finding below market value properties and then presenting them to wholesalers who then flip/rehab the property. The bird dogger charges a flat-rate commission or a % of the sale p...
I recently came across @Steven Butala's "How to Make 10,000 Offers a Week in Less than an Hour." Now, I'm not against hard work, but the idea of (at least trying) automating the acquisition process immediately capture...
Hi BP Community,
I am a little hazy on tax code section 179.
I am a reasonably high income earner (W2) and gaining momentum in the RE investing world. I am looking into getting my RE license and opening up a manag...
So I’m trying to talk and find a PML in my area for when I find a great deal I can take advantage of it instead of someone else. I found a guy on Craigslist who lives in the town next to me who lends money secured by ...
Hi BP,
I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example. I'm leaving out deductions for closing costs, maintenance, repairs etc.
Say I buy a hou...
Hello everyone,
My name is Daniel, and I recently left my job as a fraud analyst at a financial institution in March to pursue a real estate investment journey with my wife. In my previous role, I encountered numerou...
Hello all. Im brand new here and I've been watching the podcasts A LOT. I'm slightly confused on the brrrr strategy when they explain it. When you refinance is the first property being paid off or is there still a loa...