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Auctions
For those of you who get into rehabs, how often do you buy properties at foreclosure auctions? I dont see alot of people here that purchase from auctions. In general, do you find most of the good deals go the route of...
Derek Kerley
Flipping - Taxes
I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
Dustin Sanders
Where do I start with no capital?
I know this sounds rediculous but I see success in investing but what if I don't have capital right now? Working 11 hrs a day Monday through Friday is my current situation but how to I get the ball actually to start m...
Manny Alvarez
West Palm Beach Florida Area / Marketing ?s Introduction
Hello Everyone My Name Is Manny A This is Day One On Bigger Pockets and maybe my second week of my real estate investing career.
I'm Originally from NY I Live in South Florida Now.
I've been Obsessing my self with a...
Josh Brown
Low Credit Score Keeping Me From Acquiring First Rental
I've been on this journey to repair my credit for about 6 months now. My credit score is a 499 and slowly-very slowly-climbing. I have an unsecured credit card I'm using to build on it, and that's about it. I want to ...
People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it’s exactly what helped Jeff...
Brian Lybert
FHA Loan for first investment in my wife's name
So I am picking out my first buy and hold investment property. I bought our primary home under my name (she is not on the lease). Talked to a lender, and he suggested we put a 2nd mortgage on the investment property ...
Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Karen Smith
Long-Term Lending Partners: Who’s on Your List?
Do you focus on building relationships with a few reliable lenders, or do you keep your list broad? I’m curious how others approach finding lenders for consistent funding opportunities. Any tips for building a solid l...
Anthony Zotto
Owner won’t sell because house has sentimental value
Hello BP!I have recently come across two separate deals, where the owner does not live in the house, but will not sell because the properties have sentimental value to them. Has anyone had experience with this and/or ...