Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Amy Ranae
To pay off student loans or put $$$ down on a rental
Hello Friends! I'm a realtor working in the twin cities and I do a lot of good business. I got into real estate to pay off my student loans without really thinking too much about investing. However, the more I work wi...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Brandon Turner
One of my units got destroyed last night in a flood. What do I do now?
yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...
Eric Delcol
Why do some people try to sell their house without an agent?
I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...
Derek Okahashi
Getting burnt out // Thinking Turn Key with MidSouth....
I am in a strong financial offensive mode in building my cash position right now. I basically work two jobs and save 5k a month. It's really one demanding job and then full time school (the GI Bill pays me to get good...
Phillip Cooper
What was your biggest unexpected cost in a flip?
I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...
William Silva
Getting Started in Wholesaling
Good day ladies and gentleman,I'm getting started in wholesaling and have some idea of what to do to get started but I'd like some input from someone who does 2+ deals a month.I've been told that Automate REI will be ...
James Kim
How much HOA before it makes you think?
Hi,I was wondering if anyone buys property in HOAs and if you do, is there a certain threshold HOA annual fee amount that is ok before it becomes something that you "notice"? For example, i have a home where the HOA a...
Sid Naik
Bay Area Rents collapsing
My tenant decided to move out from my rivermark condo in santa clara . I used to easily find tenants for $2700 ( 1 bed , 1 bath) . However its been 2 weeks and inspite of me lowering rents to $2350 I am not even getti...