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I'm trying to understand the calculation for depreciation. I used a calculator and entered some numbers to find the yearly depreciation of a rental property. It tells me that it would depreciate in value by 7,700 a ye...
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Hi everyone!We are going to be launching a wholesale campaign in the Ventura County area real soon. We are trying to come up with creative ways to build a buyers list. We plan to attend a few a auctions to meet some p...
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Hey BP
Im a newbie investor right in the heart of Southern California and have been struggling with a second investment. My first investment was a small duplex that we are house hacking and has worked out great, and...
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Hello,I noticed one property came up for sale at $40K in the morning, an amazing deal, and another two came up for $40K each later in the day as well from the same bank / same seller's agent (probably foreclosures fro...
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I saw a house come on the MLS in Jan that seemed ideal for my family. I called my realtor and he said it was going to auction on homesearch. I was able to find it and it was being marketed as occupied. They had some n...
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I've been in business as an electrical contractor for about 6 years, i have systems in place for my business so that it can function on its own with out my presents. That being said, I'm now just starting to look into...
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Hi fellow BP members, When I was about to start this post, I was not sure what forum to post it in. It kind of fits into a few of them. I chalk this experience up to expanding my real estate knowledge. So here goes:Wh...
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Hey guys! I have been on Bigger Pockets for some time but my job kept bouncing me around city to city but I've finally been let go and have about 4 months of savings before I'm in the red. I have all the time and want...
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Hey all!I wanted to get everyones opinion on investing in single family homes for the purpose of running a short-term rental business through Airbnb. After running numbers on a handful of projects in Vegas, Florida an...
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Hi everyone!I’m excited to say I’m closing on my first deal (a house hacked duplex in Concord, NH) after four years of studying books, podcasts, and forums through this awesome website! So thanks to everybody who take...