Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Wade O
Rentals Are Not Forever
One of the ideas perpetuated by many of the Real Estate Investment "gurus" is that once you buy a rental property, you continue to hold on to it. This may be the right approach at times. After all, your fixed interest...
Darius Ogloza
High Rise Condos on North Strip
Anyone here investing (or considering investing) in high-rise condos on or near the strip? Interested in your thoughts about likely effect that the completion of Resorts World and the Drew will have on this market (e...
Account Closed
Alot On The Plate, But It Ain’t Gon’, Eat Itself
1.) Why is it when buying a house from the tax sale,
Approximately 2-3weeks until afta auction is ONLY when I get possession?
2.) Describe a written notice to vacate.
Also, when is it ideal to be issued?
3....
Matt George
Are big operators buying Apartments just for depreciation?
The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...
Trent Reeve
Money set aside for Investment STR - how to evaluate purchase
What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
Nicholas Richard Ray
Hopeful Deal on First Property
Hey BiggerPockets, I'm just under contract for a duplex I plan to owner-occupy and am looking for a little feedback. It seems like a good deal so far from my eyes so I need some other looks to verify.https://www.realt...
David Richmond
Opinions on debt in a rental properties
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
Brent Baumann
Am I calculating this correctly? TAXES
I have an appointment to meet with a CPA on Monday, and am researching everything now to test his knowledge in real estate planning. (any specific questions to ask would be helpful)I looked at all of the different ta...
Owen Dashner
Which is the worst REO lender to deal with?
My vote goes to Deutsche Bank. It was almost comical how badly they mishandled the last REO I bought- from beginning to end...