Sathya San
Property Management Indemnification Clause
Hi everyone, a property manager I'm considering has this indemnification clause which seems to say they will not be held liable EVEN where there is negligence on their part (correct me if I'm misinterpreting this)! I...
Jordan Futch
The proof of funds catch-22
I'm preparing to buy my first fix and flip. I want to use hard money and a money partner for the purchase. I already know my agent will want to show POF with any offers and I could show a pre-approval letter from the ...
Blaze Pavars
Real Estate in Roselle Illinois
Hey guys, I am considering purchasing an office building in Roselle Illinois.
I am from Toronto so I am not to knowledgeable about what that area is like.It would mean the world to me if somebody from Illinois can ma...
Jacob Humiston
First property, getting a roommate, saving 50%
Hello,I am closing on my first property March 20, I am currently paying 2k/month in rent! With this house I got a roommate (My GF) and they are splitting the mortgage to save me 1k/month from that I was paying in rent...
Reggie Rearden
BP introduction from Aiken, SC
I'm a little late on doing this but I am a newer investor from the Aiken, SC area. I got into real estate on accident and then fell in love. I got introduced to BP about a year ago and have since then absolutely absor...
Jaleh Afrooze
CARES Act- Real Estate Depreciation Loss Carryback
I read in a CNN article that depreciation expense can now be deducted from all other types of income with no limit (See below). Does anyone have a good attorney or CPA who can verify this?
```Now here is what chan...
Stephen Gregory
Bonus Depreciation for a 1031 replacement property
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...
Norman T Eng
How to get financing for a 6 unit complex
Hello All, I'm looking into buying a 6 unit property. The numbers look good, but I was told I would need at least 25% down on the property. Is it possible to get a bank/lender to finance 80-100% of the investment pr...
Michael Johnson
What is the cheapest (yet correct) amount to add a bathroom?
Hey BPers, quick question. I found a 4bdr 1ba. So I would go ahead and call that functionally obsolescent?? Especially if I want to rent out each room individually. I know there are 1,001 variations but I have no idea...
Steve Flinner
Newbie from Spokane, WA
Hi All. New guy here from Spokane, WA and all over the eastern part of the state. I spent a lot of time watching webinars and learning about REI with this site about a year ago, but I pulled away a bit to become a Gen...