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Results (10000)
Paul B. Why is depreciation 1/27.5?
11 January 2016 | 9 replies

Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...

Rich Jessica H. ​Short Sale Negotiation / Wholesaler in DFW
21 July 2020 | 11 replies

Hello, We are Rich and Jessica that are in the DFW area that have just joined the great BP community. We wanted to introduce ourselves as we both have mortgage servicing experience handing loss mitigation with pre-fo...

Donald Hendricks Pitfalls of buying a home on owner finance terms
19 January 2014 | 6 replies

I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.

Question is, what are the pitfalls of buying on owner financing? What...

Arron Paulino Sold Property But Still Notified
6 August 2024 | 6 replies

I recently sold a property, but I still receive notices for paying property taxes and utilities. How should I go about addressing this? It should be the new owner's responsibility now, but it doesn't seem like these h...

Matt Smith Expense allowed for 1031
9 February 2016 | 4 replies

I am planning to see property A to buy property B using 1031 exchange.In order to get top dollars for property A, I need to do some home improvements (paint, carpet, etc.)Is it possible get money from the 1031 exchang...

Ibrahim Hughes Kern County Trustee Sale (Foreclosure)
21 December 2022 | 15 replies

Hi everyone. I have a family member whose deceased Mother's house is scheduled for trustee sale.I'm very knowledgeable about foreclosures in New Jersey but damn near clueless about them in CA.He wants to postpone the ...

Jovan Johnson voicemail or answering service ??
8 July 2010 | 28 replies

hey everyone! i was wondering if i do have enough money to have a answering service could i use my voice mail. and if so what should i say? i intend to wholesale deals any advise will be greatly appreciated.

p.s. doe...

Joe Guz property mgmt was old owner--eviction problem
4 June 2007 | 5 replies

ok, here is what happened..we evicted a tennant and she left. She destroyed the apartment. how do I go about getting my $$ back...My property manager said there is nothing we can do w/out her current address. "THE G...

Ryan McKay STR upcharge opportunities?
16 March 2023 | 17 replies

Hey folks!anyone have any fun/clever ideas on great ways to add additional revenue opportunities by offering onsite upcharge options to guests? i know a few people who partner with local chefs or massage specialists, ...

Don Sheppard 1099 to seller after short sale???
16 January 2008 | 13 replies

I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...