Tavaris Little
Might be a dumb question.
In wholesaling is it best to find properties that are fully paid off? Because that's what I'm thinking or otherwise it would be considered a short sale if the owner sells it for less than what's owed on the house. Am ...
Julio Gonzalez
Cost Segregation on Office Building
A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021. The depreciable basis of the property ...
Edward Stephens
Transferring Real Estate into an Entity - Due on Sale?
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
Axel Ragnarsson
Becoming an agent and have $20k - what do I spend it on?
Hi everyone,I have a question for all of the agents here on BP. I have been investing for a couple of years and ended up acquiring my real estate license last year (I want to transition into real estate as my full tim...
Nilay Engin
How fast can I be pre-approved after closing?
I will be closing on a rental investment in two days and already have my eyes on another. I believe I found a way to come up with another 25% down payment for it. Would I be pre-approved for another loan right away?
Keith Blair
notes, NPN, Preforming notes
Hi BP community,I’m ready to get into note investing. Now that I have a plan, I would like to share it with everyone. I’ve been a residential General Contractor for 30+ yrs and now that my body is broken, it makes sen...
Jinhee Hann
Cost Segregation study and lump sum depreciation
Does everyone know about cost segregation?
Thank almost hired a company at a cost of $4k, to do a cost seg study to offset my taxes. Then a cpa told me that that’s not necessary if I bought the property the same year...
Michael Harris
Free & Clear downtown rental property- How to scale up?
Hey everyone,
I inherited a great home (3/1.5) owned by the family since 1930 in a popular downtown area about 6 years ago. I have ran it as an STR through Evolve (with no great STR knowledge) and didn't clear more ...
Justin Fox
Depreciation of appliances, fixtures.
If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?Thanks,Justin
Jered Sturm
Waving goodbye to flipping and hello to apartments.
I started my investing career in single family buy and holds March 2012. We bought up as much as we could figure out how to. Over the past 4 years we were able to build our portfolio to 24 units. As the market contin...