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Hi BP. I keep seeing the term “depreciation recapture” pop up in my research, and it sounds like a b!tch. How exactly does it apply to real estate investing and on what types of real estate deals would you encounter i...
Hi!
I am looking to buy my first multi-family.
I have a sister that would like to invest cash as a silent partner. My mother and I will be splitting the remainder.
Do you have any advice on how to protect all th...
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Hello,
I am looking for someone to provide a complete step by step guide to selling a vacant lot in Michigan. I own several small vacant lots and I want to sell them by myself to avoid unnecessary fees. What I'm look...
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Very complicated note deal, looking for advice how to structure it.A money partner with a self directed IRA wants to buy a property and then sell it with owner financing and keep the note. I have the deal for them, an...
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So I’m fairly new to the idea, but understand the approach, and negotiation aspect of seller finance. Where I’m having some difficulty understanding is the exit strategy. I’m looking to do LTR on the property, and ide...
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Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...
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Should I care about buying homes in awful condition and in poor locations as long as there is an end buyer that buys junk homes in poor areas? My thing is this. If someone buys and rehab a junker house in great condit...
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Hi all,My girlfriend and I are pretty serious about getting into real estate investing, and have quite a few questions about how to do that in a way that makes sense for both of us financially, is done in an intellige...
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My father and I are in the process of selling a house in Hawaii and using the proceeds to invest in one or more rental properties (likely in Michigan). The house is currently owned entirely by my father's trust, and ...
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Hey there, my duplex is currently tenanted with a retired gentleman upstairs, and I'm working on getting the lower unit tenanted asap. For the first year I have handled the Grass Cutting and Snow Shovelling myself. ...