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Well, I'm not exactly a newbie, but might as well be. My name is Jaime and I have done three fix and flips in the last year and a half, but have done them in probably the most difficult way imaginable! I won't get i...
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Hi BP World,
I am sure I am not the only one that runs into this problem. My whole niche is finding great deals, like most of us on this site. I am running into a problem though when properties are being appraised. T...
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Good day! I studied RE investment from 2008, or 2009, to 2011, but I'd always hesitated from buying. Looking back, I should have then, but at the time the big numbers were intimidating to me. Now, I shall soon be the ...
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Greeting,I have invested in Real Estate since 2004, mostly as a passive investor. I had two partnerships, one that we sold as a lease option which performed, and another that hasn't performed in 13 years, though there...
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I have a condo in south Florida. I wanted to rent out the unit and then a flood occurred. A pipe in the condo association main drain back up and caused a sewage flood to enter my condo through the shower drain. The...
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Hello BP! I am fairly new to Real Estate investing and would really like some advice from people in my area (if there are any). Currently I have a fix and flip project (my first real estate investment) and while I'm w...
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I’ve been doing a ton of research and mapping my goals for investing in real estate. I would love to (and plan to) work my way into multi-family properties. However, single family homes are a much more affordable tran...
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Hi all, brand new to the forum and to BP. Heard about it a long time ago but got more interested from @Scott Trench's recent appearance on the Money Guy podcast. I have no previous rental business experience, although...
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Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
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I am looking into purchasing a hotel. The numbers and cap rate look good. I am getting a copy of the bank statements and taxes. I have the occupancy rates. What else do I need to look at before I send an offer. Manage...