I bought a property at the recent county auction and closing is coming up. Is there any reason to get a lawyer for the closing? At the county workshop they stated about 50% of people bring lawyers to close.

We bought a place, did some renovation, then furnished and placed on service 2021. If cost segregation is performed, I assume will use purchase price - land + renovation to determine cost basis. But what about furnitu...

Investment Info:

Other buy & hold investment.

Awesome little mountain getaway! This property came with a furnished cabin, solar, water, and an extra steel shed to convert into an additional bunkhouse. In...

Closing on a small, 1000 sq ft SFH in West Los Angeles near Venice. Will be a buy, reno and hold property. Would appreciate any referrals from the BP network on contractors you might recommend for this project. Will i...

Hello,
More SDIRA questions - I am putting them under separate heading to hopefully make them more useful to others too.

I understand that I can not 'do the work on the property to make a profit'. As might be the cas...

I've been renting SFRs for about 15 years now and I'd like to step up to a larger commercial investment. I'm working with a local broker and he's presented me with this deal: Self-storage facility located in Oregon. P...

I got a property under contract with the seller on Saturday, August 22nd. COE on the front side PSA is "on or before September 21st". The title work is back and clear so we are ready to close on Monday, September 14th...

I was talking with a friend of mine who is a real estate attorney today and we had a discussion that I think many current wholesalers(and noobies) are not aware of.

Typically when you wholesale you schedule the closi...

Hello BP Enthusiasts: For the benefit of other Notes Investors like me who want to learn about Notes here is a list of Notes related Blog posted here in BP. The list is dated, 04/13/2017, which may get outdated if new...

I have this beautiful old victorian house. The exterior needs major work, the paint is peeling and given the age of the house I have to assume there is lead paint.  So far my options seem to be:
1) Scrape old chips +...