Matt Whiteside
What happens when lien holder dosn't go for deed
So what if the lien holder decides that they don't want the property and never apply for the deed? Does the original property owner retain ownership? Can they sell the property?
Derrick K.
Short sale advice - no realtor
Hi BP community! I have situation I wanted to get your thoughts on. I found a shortsale on Zillow and contacted the realtor directly (I don't have one yet). I know the sellers realtor gets commission but I believe thi...
Renee Bacon
STR management in MIchigan- if a broker's license is needed
Hello! I know traditional property managers in Michigan need a broker's license (or to be an agent under someone w/ their broker's license) to manage other people properties. But does this also apply to managing STR's...
Graham Reinhard
Best/Most affordable ways to finance and scale
Hi guys - Relatively new to BP. I was hoping to get a post started on most affordable and scalable ways to source financing. Not particularly focused on MF/SFR but rather wanted to collect an idea of easy and cheap wa...
Erik Kubec
The case for converting a SDIRA to a Roth SDIRA
Hello folks,
I am a novice investor with one property held in a traditional SDIRA. 2 bed condo with a purchase price of $35k, paid for entirely in IRA cash. I have put an additional $12k into the rehab of it, and a...
Debra Mowery
Taxable Deduction of Deposit?
I put $50,000 down on a property that I am buying through the owner. The closing is in January. How can I deduct this on my taxes?
Ramin R kamal
Meaning of Appurtenance
I am just starting out to learn Real Estate and get my license. I was reading some books and I came across a legal term called: "Appurtenance." The meaning of is when a right in a land is inherent to the person as the...
Ari Bachrach
Depreciating personal property
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Kevin D.
MHP & POH Valuation Article
In need of your help... I’m negotiating with a seller of a mobile home park (MHP) and the seller is insisting that the park value should include the capitalized rents of 20 park owned homes (POH). We all know that’s n...
Nathan Haws
Columbus Resident and Newbie Investor - Looking for PM referrals
Hello,
Would anyone care to post some referrals for good PM's in Columbus? I plan on purchasing some properties in 2020 and would like to start developing these relationships sooner than later. What is a good rule of...