Ryan King
Which online resources are best for potential properties?
I am about to send out 280 yellow letters to vacant homes in my area which I got from a partner but if I am looking to generate a lot more potential properties, what are the best places to get leads for wholesaling? I...
Account Closed
Investing in run down neighborhoods (Los Angeles)
I own a property in a nicer part of LA that I property manage myself.
For my next deal, I'm considering a 12 unit in South Central LA and am currently in contract. The deal makes a lot of sense, financially. ...
Alex Goncharov
FSBO potential problems -many people still regard all FSBO listings as scams.
Hey everyone
I am thinking about selling without an agent approach. What do you think, is it a real problem for FSBO?
From the article (CA Realty Training, Aug. 22, 2022)
“Although there are quite a number of legit...
Gail W.
Oh CRAP! HELP! Accidental Landlord given bad tax advice :(
OK. So we just could not afford our Laguna Hills, CA house anymore. The kids were gone, the electric bill was massive, the neighbors were awful...so we figured we'd rent it out and find something smaller/cheaper to re...
Mark Basinger
Buying a Small Apartment Complex
Hello: I have an opportunity to acquire a 24 Unit Apartment Complex for a price $2,500,000Income: $21,181 /MonthExpenses: Water, trash and sewer is $1,375 / monthElectric, $300 / month Alarm, 100 / month Phone, $50 / ...
Alejandro Hinostroza
Newly Built Opportunity Zone Properties?
Are there any investors out there who have looked into newly constructed multifamily/commercial properties in opportunity zones that don't require any substantial improvement? Has anyone ever invested in a property li...
Carol Smith
cost segregation rental real estate
We renovated and used a home as our primary residence for a number of years before converting it to a rental. We have detailed receipts and spreadsheets summarizing the cost of the improvements that were made. I bel...
Mike Hamson
Refinancing with Canadian banks within 3 years
Hi BP Canada,I've run into this scenario a couple of times recently and I keep getting vague and inconsistent answers from le banc. Any insight or clarity would be greatly appreciated.Buy a property off market at a se...
Rao V.
Tax question
Hi,I bought a Owner occupied home in 2013. Life situtation changed and we decided not to move in the house.After fixing/repairing it I decided to wait till 12 months since we were not allowed to rent for 1 year as an ...
Erik Garland
Depreciation on Foreclosure
Hey guys/gals. Straight to the pointI purchased a foreclusure for approx 24k, it didn't need much work, maybe 2k. The Tax value with county is 37k for building and 5k for land. When getting cost basis for straightli...