Julio Gonzalez
The Digital Transformation of Cost Segregation
Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...
Jay Moore
San Marcos - newbie medium-term landlord advice
Hello all!I will be renting out my single family house this year and looking for newbie landlord advice. Does anyone have a great reference for making a lease agreement?
Nathaniel Hitchcock
Ensuring new electrical is up to current NEC
Hello all! I recently purchased my first home and I am trying to ensure that it is up to current National Electrical Code standards. I’m noticing that most places I look that the price of the book is about $129 which ...
Tyler Roger Goble
Flip during COVID height
Investment Info:
Single-family residence buy & hold investment in Sneads Ferry.
Purchase price: $117,500
Cash invested: $20,000
Sale price: $189,900
Bought a VA Foreclosure in the Sneads Ferr...
Jeff Ronningen
Record Keeping
The more units I acquire the more hard copies of records I have. Bills for utilities, water, insurance, repairs, leases, supplies, etc. What can be stored electronically vs. what hard copies need to be kept? If sto...
Derrick Gordon
Scope of Work Template ...
I am loooking for a detailed scope of work template to utilize for my jobs. I need to be able to see where the funds are going and understand where and what I am over spending on, and where I need to negotiate.
Nick Cooper
Trying to move forward with purchasing land for billboard
So I found a deal I’m looking to buy. It’s strip of property along the interstate for $475,000. It’s able to erect 2 digital billboards. The owner is willing to owner finance to me, we haven’t really spoken terms yet ...
Mohamed Dafalla
Virtual wholesaling newbie. qs
Hello BP community,
I have a friend who’s a real estate agent in Texas. As a newbie who's interested in virtual wholesaling, I’m trying to see how I can approach him about collaborating. What are some ways to partner...
James Danchus
Wholesaling for Flippers vs Holders
BP,So I ran across something that got me thinking yesterday while making offers. Maybe someone can give me some guidance. Let's say that I have a property with an ARV of $100K that needs $25K worth of work. Let's also...
Christy Glenn
Public Records
Hello,
I am fairly new to BP. The main question I have is about searching public records before getting too invested in a property such as a Foreclosure. I have read a lot of information on why we should util...