Just found BP a couple weeks ago, and have listened to close to one hundred hours between BP OG, and the rookie show, I'm committed and ready to pull the trigger looking for my first deal!
I have a rental property with the following situation:-$155K of passive carryover losses-$100K of depreciation taken-$700K adjusted cost basis (purchase price less depreciation)- $775K net sale (selling price less rea...
Hey friends, I'm fairly new to real estate (still waiting to pull the trigger) and am trying to get the knack for quickly identifying if a property's numbers would make it a good investment. My thought was that this p...
I am wanting to combine capital from multiple investors and purchase properties for flipping. Do any of you that currently do this have a go-to contractor? How did you get connected with them? I feel hesitant to pull...
My husband and I have an LLC (incorporated in NV but we live in CA) in which we have 50/50 ownership. We currently 3 properties: a CA rental property in his name, an IL property in my name, and our primary residence i...
I have been on Bigger Pockets for a few months now and have really enjoyed all the information that is available. Have listened to all of the podcast and most of them twice. Have read a majority of the articles a...
Looking at a SFH as first time investment [cash deal]
House is located in excellent area with plenty of jobs and hot market for houses
Overview:House is super clean and requires no repairs
Cost of house is $180,000...
Hello, I am looking into the idea of working with wholesalers as a way of acquiring properties. I already am receiving numerous deals in my email inbox from a variety of wholesalers but have not yet pulled the trigger...
I can't seem to find any discussions about smart smoke / CO detectors. I have a tri-plex with interconnected "dumb" Kidde smoke/CO detectors that are at the end of their life. By law, they have to be replaced with a n...
Investment Info:
Single-family residence buy & hold investment in Orlando.
Purchase price: $218,000
Cash invested: $51,000
Down payment $43,600
Closing Cost $4,300
Rehab $2,000
Holding cost $ 1,...