Tim J
How to determine building value for depreciation
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
Account Closed
Who's Been Swimming Naked?
The tide is going out, and we're about to find out who's been swimming naked. There have been some very significant things going down in financial markets of late. I'm not calling a crash and I'm not claiming I know t...
Adrian Clapp
National Rent Control Coming?
Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control lawsIn the face of , President Joe Biden is the White House is calling a "Renters Bill of Rights" in an effort to improve rent aff...
Pat Jackson
Billing back utilities, what's the norm in your area?
I'm about to have ~100k in HELOC funds (thanks PenFed!). I'm wanting to put in cash offers on 2-4 plexes, get great deals, then turn around and do delayed financing to get all or most of my money back. Financing 100...
Shawn Munoz
Feeling discouraged after this!!
Okay so I've found a few properties that I want to purchase to start renting them out. After months of looking at properties. I attempted putting in an offer on a property that costs 54K. I have 20% to put down. The r...
Nate Gottesman
To have a mentor or to not
Hi BP’s,First time creating a new thread - here goes nothing.Curious on what your perspective is towards utilizing a mentor in the MF space.If you have a mentor, what has that experience been like? How has that affect...
Morris Lucas
Reia Presenters/Seminars
I am done with the Reia seminars...the only benefit i see, is being able to network with other investors/attorneys, buyers, etc. For the third time, i went to one of these things to gain some knowledge and each have b...
Rick Tripp
Everyone put in $10
An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
Marcin G.
asset protection strategy
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
John Yeglinski
Help me correct the course of this ship
I rushed in and bought my first home earlier this year before I had the chance to really get into the wealth of information on BiggerPockets. I fear I did what they say all Millenials do and, purchase too much of a fi...