Has anyone purchased a Dallas turnkey property from Memphis Invest? How has your experience been in that location?
I'm on day 3 of setting up Podio. My first project is organizing the properties/contacts I've identified while driving for dollars. I feel a little stuck at the moment as I'm trying to refine the apps.My thought is th...
Hello BPers. I'm a young investor trying to understand the education side better before going after my first deal. I've been reading Frank Gallinelli's book about the key things everything investor needs to understand...
I want to simply know if I should go after REO 3-4 Multifamily Properties in Connecticut or I shouldn't, is it a waste of time for me to go after them if I am looking for undermarket value prices multifamily houses in...
My friend, who is current owner, has about 260k balloon pmt in 4 month ahead. This is a seller financing. Property is a duplex in South Sacramento, fruitridge and power inn area, and mkt value between 310k-350k. Owner...
I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...
Good morning BP family, this is my second time running a pulse and actually a long time. However like most of us it’s sometimes scary to get started. I recently came across multi unit property and I don’t know what to...
Hi All! I've been mostly a lurker here, but have posted a question or two in the past. I have what feels like a weird situation and I'm trying to figure out how to deal with it. Here's the setup....We have a rental c...
This new QBI tax break is great but very confusing. Here's the deal. My main day job is as a 1099 IC doctor. I am actively involved in real estate investment and self manage my 11 units, interacting with tenants often...
I'm new to the game and confused about the depreciation if someone could help me understand it better.
I have watched so many videos and google everyone says depreciation is a big advantage.
here is what I confused ...