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Hi members, I'm a long time listener of the podcast, first time visitor of the site. Pros and cons of this offer: 60k down (10%) for 6 duplexes in Indianapolis All the duplexes have tenants in and bring in 1,100 p...
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My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
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I'm a new investor that just purchased a rental property in Irvington NJ. I have since been warned to get out of the property and that Irvington is not the place to be due to high taxes, tough neighborhoods, and hig...
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i'm looking for some ideas on how to use $1M cash to get 150-200k income annually? I'm open for out of the state investments as well and any good advisors that I can work with.
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Hi,A friend is seriously considering building a detached 600 square foot ADU in their backyard in Southern California (specifically the Westlake/Moorpark area in Ventura county). It will have separate metering (electr...
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Hey guys, wondering what the locals think will be the impact of this from, here is the article from IBJ:September 6, 2016Hayleigh ColomboCarmel-based for-profit college operator ITT Educational Services Inc. announced...
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I close on Monday for my second BRRRR property. My fist was a 3 unit building, so a bit different, this one should be easy. I am a buy and hold investor, so lots of people ask why I don't flip it. I am investing for...
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This is the second time I've gotten to the offer stage on a fix and flip property. In my market, Los Angeles, these properties go FAST. It was listed on Thursday, I saw it Friday and emailed a few HMLs to ask for proo...
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I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price ...
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Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...