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Hey BP'ers, just getting around to introducing myself on the site.I'm Korbin Gilbreath, an electrical engineer here in Central, Texas, looking to gain financial freedom using REI. Been pretty diligent the last year, ...
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Hi everyone, I'm new to BP and real estate and decided to try and find a house hack type of situation to reduce my fixed expenses and have a way of generating non market based returns on some of my money.I'm currently...
I’m looking to buy land around 3-5 acres and develop a subdivision. What are the first steps? Should I hire a general contractor, civil engineer and structural engineer to put together a plan? I’m new to this looking ...
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I'm looking at a small piece of land about 6000 sq ft in SoCal and put a new class B 6 unit condo on top of it. I think I can talk the seller to bring land sale's price down close to market avg. but I am having a hard...
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Hello all,
I am currently a mechanical engineer working for a consulting company. My job is ok, but I'm not in love with it.
I have been in real estate renting for about 5 years, and love it. I have a good friend ...
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Sharing for those that need the info! Detroit Process for Rental Compliance-
Create an ELAPS (accela) account through the city of Detroit and register the property as a rental, below is that portal. The link below th...
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If a Cost Segregation Study had not been performed on this $7,700,000 office and retail building located in Spring, Texas, that was purchased in 2018, it would have had first year depreciation of approximately $197,...
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The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income. An additional benef...
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My wife’s family is giving my wife and her two siblings 47 acres. We are kicking the tires on going through subdivision. I’m posting here to find out if anyone has any experience in getting a loan for building a subdi...
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Hello Everyone,
Im seeing guidance. I'm a young entrepreneur, who absolutely loves business. I'm not to familiar with the Real-estate field, so please for give my ignorance.
Brief summary:
I'm twenty two years f...