Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
My wife and I purchased our first rental in August of last year, and suffice it to say this has been quite the learning experience with many newbie investor mistakes made along the way. Right now we are dealing wit...
I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...
Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
Hi everyone
I have an investment property in the Bay area (South San Francisco specifically) which I'm currently renting out to long-term tenants. It is a 3 bed/1 bath single family home and has a sizable backyard.
...
Hello BP I posted this question elsewhere but got no response so I'm posting it here.I had a family friend approach me wanting to sell a town home he had as an investment property for a few years. He has fallen on har...
I have been using Thumbtack to find various professional for hire. Thumbtack is similar to Angies List and Home Advisor. I placed an ad for a HVAC technician. I offered $250 for installation on each AC unit stating th...
I've been in the process of putting together a private money info packet, as I've not used anything other than conventional financing to date. HOWEVER, this deal has presented itself to me before my ducks are in a ro...
Hello BP Community,
I closed on my first rental property about a month ago. The house was sold by a flipping company. Everything was great and exciting at the beginning - and then....
After buying the washer and dry...
Hi everyone. I am new to the forum but I've been putting in a lot of time going through the posts and learning as much as I can about real estate investing. Ive been looking at a property close to where I live here in...