Kevin Macdonald
Depreciation question when paid less then land value for house/land.
I am reading a book “every landlords tax deduction guide”, which was recommended to me from this site. I understand that the 27.5 year depreciation is only for the house and not the land value.
I bought a piece o...
Nick J.
Phoenix Area BP Meetup 9/11 630pm
Kind of a short reminder but this coming Tuesday will be our 2nd meetup for BP members. The first couple of ones will slightly awkward while we figure out the direction, ongoing logistics etc.. I'm hoping we can get s...
Wyatt Till
How do I find the financing?
Hi everyone,Just recently I found a fantastic deal that includes 2-4 plexes and 2 houses for $450,000. All the properties are in fantastic condition. I would jump on this deal however I'm 19 years old, still trying to...
Leona King
How to know if a property is free of liens and taxes?
Hello, searching for my first deal, I want to know how to tell if a property if free of liens and taxes? Can I go online instead of going to county clerk office and feeling lost and time consuming? The title company w...
Annie Irizari
HELOC leverage for Seller financing a property?
Is It possible to do a heloc 1st position on my primary home equity to fund seller fin deal on another SF property? or just do a HELOC? what's the pros and cons to doing this? The deal is a buyout on a REC for the ...
Shequann Burrwell
wholesaling pre-foreclosures
Im looking into pre-foreclosures for wholesaling and looking for at least 50% equity in the homes. are there any other loopholes I have to go threw to contract them since technically the bank owns the home. as for th...
Tony Marcelle
Letter came back unable to forward.
What can be done to fix this issue? The address the letter was mailed to was the exact same one in the tax records.
Tarek Boulbol
Galveston Is really Growing & Real Estate inventory is shrinking
Hey! everyone, Look to invest in a Beach Condo, a heads up prices are rising due to low inventory. Some Condominium has not had the price increase yet, others you can see prices rising from 70K to 100+K. Here is Wh...
Chris Armstrong
BRRRR-BNB Charleston SC
Investment Info:
Townhouse buy & hold investment in Cainhoy.
Purchase price: $105,000
Cash invested: $105,000
This home was purchased in a pretty interesting manner. I found the deal while I was ...
Account Closed
Prospect wholesaler needing some advice
I'm a prospect wholesaler from westchester NY. As i was D4D i came across a few properties that were basically abandoned and one of them was deemed unsafe by the town. I looked up the property that was deemed unsafe b...