Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...
Hi BP Community!Recently, I’ve been thinking about purchasing a 2/2 SFR with a garage, and converting the garage to a 3rd bedroom.I think this is a good strategy because you can purchase a home at a cheaper price (com...
My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell. Lots to be figured out in this deal but let's as...
Hello,I am a beginner investor, recently closed on my first wholesale deal. Now that I am starting to generate income from real estate, I want to know what would be the best way to structure my business. I am located ...
I'm setting up a new rental (large SFR with backyard) in Cozy and can't decide if I should allow pets or not. My current tenants don't have pets, so it didn't come up previously, but with the new listing I'm leaning t...
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...