Hey y'all!  I am looking at a PNL report for an apartment complex, and I am confused about a couple things.  These might seem like dumb questions, but hey, I'm brand new to this!  1.  What is the depreciation expense?...

I need help with a tax
question - I bought a house with my father to flip at the end of last year. So,
by government classification we were a general partnership at the time. We
financed the house using a loan in o...

hey everyone,I just had a general question that I've often thought a lot about and thought I'd pose it to the BP community.Before deciding to get into real estate, I had always considered the real benefit of owning an...

Hi all,

At my family party yesterday I had a chat with my uncle who owns an apartment building and is very successful in other businesses. He told me that any principal paydown on an investment property is considered...

Hey Gang
Does anyone have an opinion about Josh Cantwells Middle Man Income system?
It appears to be a strategy where the investor approaches an upside down home owner,gets an option on the property and flips the opti...

Data points:-$1.4M asking price (off market)-24k sqft flex space-warehouse/office/some newly renovated space-3 miles outside of major downtown city and from where I live.-Very nice building with parking lot, multiple ...

Hello, I've done plenty of reading on this and I'm constantly on the fence as what to do with my one and only rental (former residence) property. I'll keep it short to not waste your time:Purchased in 2010 for $123k, ...

I recently took over a building and am in the process of evicting a few of the previous owners tenants. They havent paid rent in 3 months and todays the day we see them in court. Before we walk in though, my lawyer as...

I purchased a house 2 years ago with 3% down. The mortgage comes with a hefty PMI per month, and the original lender had sold the mortgage to Dovenmuehle as soon as my house was closed. Since I have been paying extra ...

Hello from a bp rookie that just listened to podcast #525 stop planning goals around results, do this instead w/ Geoff Woods.  So husband and I are very much IN the business (37 doors and 1 self-storage unit) we self-...