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BP - Double checking my work and could use validation. Thanks in advance!When calculating the gross income using the current rent roll, how do you account for vacancy? Based on gross income (actual rent), vacancy is...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Unfortunately we didn't fall under the category of "deal fell through at the last minute." Ours went through. Long story short, we found a house on Coldwell Banker. Drove 4 hours to look at the property....twice. ...
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Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
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Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
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Does anyone know a good RE attorney or title company that does subject to transactions. Taking over inherited property of my family and I need to make sure the paperwork is correct so I can have proper control to gai...
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Hi! Anyone knows where I can find information on how much are the property taxes for a second home in PR? This would be in addition to the CRIM, correct? I am living in DC but thinking of buying a home for mom in PR ...
I have a house I lease at the moment (I own a property Management company) and would like to Airbnb it. The owner asked for details and what it entails. What do you pay the landlord, how would I write this in the leas...
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View report
*This link comes directly from our calculators, based on information input by the member who posted.Hi, I'm a new real estate investor looking for my 1st BRRR. I'm looking for input on th...
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Hey BP community I have a question that I wanted to direct to any experienced wholesaler that are located in Ga, and ask what would be the correct way to go about obtaining a probate list from the court house? If anyo...