MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Hello BP,
I am 23 years old and I am looking to get into REI through via House Hacking. I reside in the east side of Tampa, currently renting and I HATE the idea of paying someone else mortgage... So I want to make s...
So in short, I wanted to make an offer on a property sooner than later. I had asked the lender (by phone call and email) I had worked with recently for a refinance. After waiting approx. 1.5 days without a reply, I as...
Is it recommended that all wholesalers get their contracts reviewed by an attorney? The cost is about $500!!!
Sean Terry and other wholesaling experts give out their contracts so isn't it pretty safe to say that t...
Hi All,
I have been researching the idea of putting together a STR portfolio and eventually raising capital once I can create a predictable system around buying and Cash flowing these assets. The big concern I have ...
Hey BP,I wanted to share a deal we just closed on, in a market where cashflow is very tight and hard to find. The deal is in Calgary Alberta, which is currently a buyers market, but still hard to find good cashflowing...
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
I have been investing in Single Family and am now looking for multi-family 10-30 units. I have not had any significant success in finding sellers from a website. With my new direction I am looking to put my effort and...
I know there has been much discussion lately on allowing therapy animals. I have never been asked, until now. Phone Caller: Do you allow therapy animals? Me: Do you have the proper paperwork for said animals? Her: No,...
Thanks ahead of time for any pointers or advice. I am in contract on a short sale. Junior lien came up in title report. Ditech is 2nd lien holder. SPS is senior. Seller has already qualified for short sale with SPS. N...