Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...

My husband and i (through our LLC) are under contract on a Beachfront lot in the pan handle of Florida. Plan is to build two townhomes connected to one another. We’re thinking about selling one immediately after buil...

Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...

My fiancé and I had planned to sell our homes late spring/early summer with plans to build a home in a year or so. (Texas gulf coast). Our thought was that we needed to strike while the iron was hot to maximize our pr...

Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...

Todays 30 year fixed rate mortgages are an astonishing 7.1% Based off that I am finding a lot of properties that, if at a 3.5% interest rate, would have a great 9% C on C return. Unfortunately at 7.1% I am seeing basi...

Hello:I have a dream to become involved in commercial development, but have no experience in this field. Hopefully you all can help me put together the pieces of this puzzle so I can determine whether it is feasible a...

Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...

I bought a house in 2003 and lived there 3 years.  When I deployed to Iraq in 2006, I rented it out and have been renting ever since.  I was new to real estate and did not depreciate it until recently (maybe past 4 ye...

Hi BP,What are some ways you keep expenses low in an office/retail building? I have heard updating the lighting to led is a huge savings on electric bill. It’s a 1930’s building w retail on bottom floor(they pay utili...