My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...
Hi All!Not sure if there is anything I can do to save this- but being new to REI would love some opinions.Me: New investor here, found a great deal on a two family in the greater philadelphia area, shortly after seein...
Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Questions for all you seasoned note investors: does Paperstac's built-in auditing services furnish a title report?If not, what are we getting out of the auditing services on their platform? I'm just trying to figure ...
Good evening fellows, I'm currently in the process of buying my second property. I am using a VA loan and I am currently located in Virginia beach with the following search criteria: SFR 4/2 with a backyard ( garage i...