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Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...
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My name is Dylan and I bring nothing to the table! :D However, in the future I hope to accumulate a vast knowledge and spread it to newcomers like myself. Although REI is relatively new to me, I see it as a challen...
hey i'm looking to bounce some questions off local property managers in the area but i don't see a subthread for the topic. just curious how fees are assessed ie; i know the norm for a property management is usually 1...
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Has anyone participated in Foreclosure Auctions in Anne Arundel County? If so, is there a risk of the homeowner redeeming the property after an investor purchases it?
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Hey everyone! I have loved learning from Roberts books about cash flow and more specifically how to get out of the rat race. One thing I wanted to do is get a group of investors together to play the game Robert mentio...
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Looking for recommendations of online lenders who can do more than 4 mortgages. I researched BP and mostly everyone was recommending local banks and credit unions but since I have properties in multiple states, though...
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Hello out there!I have recently completed a Kaplan online course for Pennsylvania. The next step of the process is to arrange for a proctor and take the online exam. The proctor must be a disinterested third party, ...
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Hello Biggerpockets I have always been interested in tax sales, I have done some due dilligance and I have the basics down or atleast I hope I do :) . I was trying to find out who plans on participating in any tax sal...
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Hello, as a new investor is it wise to obtain a real estate license? I know it is not necessary but is it advantageous? I have been listening to some podcasts and the one guy mentioned that having it allows you to loo...
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Do I need a website to manage properties and tenants? What are your thoughts?