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I wanted to reach out to the BP community and lean on you for advice and to learn. I have a client (I'm a licensed RE agent) who's home I am selling. I was just approached from a neighbor who is interested purchasin...
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I wanted to reach out to the BP community and lean on you for advice and to learn. I have a client (I'm a licensed RE agent) who's home I am selling. I was just approached from a neighbor who is interested purchasing ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/723941/small_1621496130-avatar-adaml82.jpg?twic=v1/output=image&v=2)
I’m looking at parks and I came across one that has some potential. However, it is only half full, a few homes need to be removed. When you subtract reported income from expenses there is only 3k profit per year. When...
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Our CPA is telling us we can't depreciate our two multifamily properties (purchased both this year) because our household income (married-filing jointly) exceeds $165,000. I'm hopeful a CPA on here or more experience...
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Hi everyone, I have been listening to the podcasts about wholesaling and the main question I have is: Is wholesaling strictly geared towards cash buyers or can you do buyer financing?
Is cash buying simply a means of...
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The industry standard formula to evaluate a park is# of lots x caps x 12 months x expense factor x lot rent ($)I understand it is basic and we should consider the market and etc. I do my offers based on the formula. H...
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I have been gaining more and more interest in the idea of investing real estate, particularly multi family properties. I am looking to find the proper resources to answer my questions and guide me in the right direct...
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Hello BP,Could someone please advise the short version of a "turnkey investment deal". What is it and what are the formalities of the process. Is it different from any other investment deals?Thank you in advance for a...
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Hi folks I'm trying to better understand MF investing and possibly develop a strategy that makes sense if it's the right path for me.So there seems to be a sentiment in the real estate investing space that it's best t...
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So my first 2 "investment" properties will be closing 10/20 and 10/24. House 1 is with Bank of America and I applied for mortgages with about 5 different banks before I proceeded with accepting BoA. House 2 is with Pr...