Edward Alcantar
What's the best use of 100K from a CPA's perspective?
Hello. This is my first post on BP, and I have a couple questions for anyone who's a CPA, or has had a similar experience. I just sold my primary residence, I used the profits to pay all my credit card and other debt ...
Mike Malyy
Advice for a new investor
Hi all,
I have bought my first investment property last year with OPM, yay. It cash flows, but it has been a very rocky start for me as I had no clue what I was doing even after reading through the books/articles/for...
Michael Redmon
Depreciation? Wore out early
I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...
Kelly John Walsh
Investing in BRRRR Deals Passively
Hey everyone,
I’m
preparing my assent into RE investing with B&H’s and I had a
thought about investing into BRRRR deals for small pieces of equity and
CF relative to the amount invested. I would like my i...
Jovanny Espinal
Pay Off 3.5% Car Loan vs Save Up For REI
Hey, y'all. Long time lurker here. I'm currently in a pickle and need some advice on how to approach my goal of getting into real estate investing. I would love additional perspectives to make sure I'm thinking of all...
Kristopher K.
Mixed property analysis
Hi All,
So I'm contemplating taking a look at a property that fits most of my criteria and am trying to work through an analysis. The property has a mix of seasonal residential, year round residential, and a ...
James Peoples
Probate Lettet Critique
After writing 4-5 probates yellow letter. I feel I've finally composed one that's a winner. It consist of the all the letters I've written. Here it goes
Dear ______,
My name is ______ ______ and I'm int...
Account Closed
How do you expand your Property management business?
-How do you gain more clients?-Marketing strategies?Give your 2 cents people, thanks a bunch!
Austin Blais
Lawsuit in NY! Looking for opinions
Our LLC is currently being sued and I need help from other who have been through it.We purchased 2 properties with the same loan under an LLC in 2016 and haven't had any problems renting them since. The LLC is single ...
Bobby Balentine
inherited tenant to move out
Hello BP friends. I am still new to this as this will be my first real estate rental purchase. I am in the process of purchasing a triplex. I have discovered that one of the tenants are looking to move out. I do no...