Steve K.
Are subject-to's considered assets?
Hello BP,I am currently submitting documentation for a cash-out refi on one of my properties per the "BRRRR" method and had a question:Should I put down a property I acquired subject-to as an asset? The title is in m...
Shane Gorski
Short & Long-term Rental Property Investments St. Pete & Naples
Hello everyone, My wife and I are travelling down from the metro-Detroit area of Michigan, to both St. Petersburg and Naples the entire month of February 2022 for paternal leave. While in Florida, we really want to ...
Timothy Vint
Fix and Flip, as easy as HGTV makes it out to be?
I’m not handy but I love a challenge. Yesterday I built a dresser. Today I built a bookshelf and a desk from big lots and suddenly got the confidence to fix and flip a completely torn down house. Now ...
Tony Roddenberry
Accelerated Depreciation, Cross segregation and or MACRS?
I'm fairly new to real estate and have quickly learned that the IRS gives us investors a lot of breaks but it comes at a price. The last few hours have been spent wandering around in a quagmire of IRS Publications tha...
Jonathan Jackson
Help running numbers
Hey guys, I wanted to know is there any websites or ways I can practice running numbers on homes. I ask because right now I go online and just pick a home off zillo ect and then play with the bp tool calculators but i...
Ed Fowler
Hi-Tech Smart Apartment Development
Hey Everyone!We're rehabbing a 54-unit building in Detroit and are planning to outfit the entire building with smart devices. Some of these devices includes smart fuses, dimmers, locks, sensors, curtains, and thermos...
Account Closed
Wholesale full time but keep part time job?
Hey guys,
I am just wondering how many of you are debt free, and wholesale for a living but also keep a side job maybe 20 hours a week just for the fun (get out etc) In my situation I live alone and am 25 yea...
Luis Cabus
Lease Option
Hi all,I read about lease option and what I understand is the seller's loan is being paid by the renter we put in place for a lease option. My hypothetical question is, what would happen to the loan if the original se...
Bryan Hancock
Salary/Dividend Split In Texas - Married Filing Separately
I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years. I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...
Adam Dinneny
Got my first one done, erryone!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Cash invested: $12,000
2 family purchased with an FHA (3.5% down) with an inherited Section 8 tenant. I will live in one unit (...