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Hello BP CommunityI found a deal and contacted the wholesaler who had the property under contract. He provided me with the property breakdown and utility costs. The lead consists of two properties being sold as a pack...
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I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...
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Good morning, I've scoured the forums and BP blog to search, but couldn't find a definitive answer. How long does it take for you to access a deal - from beginning to end? I'm talking going to see the property (taking...
Hello all, As a newer landlord looking into self-managing my current singular property, I have come to a crossroads with regards to receiving applications to process. This question primarily pertains to the signed rel...
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first - the title is wrong: there's 12 doors, 8 buildings.next - i've run the numbers at current rent roll and estimated repairs plus cushion (because, really, how often does a rehab exactly match estimate at purchase...
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Hi all,Is there a free online application portal landlords can use for free? I only have one unit that I hope I will continue to retain a tenant long term. Current tenants are moving out after over 4 years! The last t...
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With supply being in the red across the Austin-Round Rock MSA, supply in peripheral cities is being uncovered and made available to purchase. For instance - there is a 5 acre lot with older livable home in Taylor, Tex...
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I bought my home for 251k in California and sold it for 458k 1.5yrs later. I understand that I'm going to have to pay capital gains tax. How can I avoid paying so much of that tax? Buy a new home?
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I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the ...
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When I dove deeply into the social media pool, I had no idea I was going to capture a tidal wave of undiscovered real estate investing opportunities. Suddenly, sites like Instagram, Facebook, LinkedIn, and YouTube bec...