Nilesh Baxi
4684 after Residential Rental Building fire.
Client's building burned in fire. Residential rental property. Fire occured on 10/01/2020. Cost: $400,000Depreciaiton: $120,000 up to 09/30/2020Insurance paid $635,000. Assume no Salvage value.Insurance payment w...
Malcolm Shepherd
New Investor in Tucson looking to find my first fix and flip
I'm new to BP and have been active in the real estate business for three years now as an active Real Estate Agent. I became an agent so I could learn the real estate business but my primary goal is to become a full ti...
Bill B.
NPN and the Michigan Homeowner Assistance NonProfit Housing Corp?
Hi,I'm in DD on a note in Michigan. There is a second mortgage on the O&E held by the Michigan Homeowner Assistance NonProfit Housing Corporation Acting Through Michigan State Housing Development Authority(Whew!!...
Karen Eggett
Rental Rehab (Capital Expense) & then safe harbor small updates later in the year
I'm doing a large scale renovation on one of my rental properties, and have a question that I can't seem to find an answer to. As I understand it, anything done as part of a larger renovation (even if it normally coul...
Doolan Wesley
Bay View Bungalow 2/2 Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bay View.
Purchase price: $229,200
Cash invested: $34,380
238 E Montana St, Milwaukee, WI is a multi family home that cont...
David Burton
New member learning to wholesale! Milan, TN.
Hi. My name is David Burton and I live in TN! I work at FedEx 5-6 days a week and am looking to change that in the future. I’m 23 yrs of age, so not too young or old, I don’t think. I am a father to one, she’s my reas...
Todd Rumfola
What a wonderful community!
Hi everyone, I’ve been lurking on this forum for at least 5 years. What a great resource and I’m looking forward to making some great connections. I’m in a great spot financially and can’t wait to explore my options a...
Eden Meng
Mid Term Rental under Solo 401K Plan
Hi Wonderful BP Community, I am in the process of acquiring an out of state property for mid term rental. The proceeds used to acquire the property will be from my solo 401K. I have my team on the ground when it comes...
Landon Sheveland
LLC for Renovation Costs
Hello,I am recently get involved with a fix and flip (my first one). The property is in my name as we plan to live there while we renovate. I was wondering if there would be any advantage creating a LLC or business to...
Axel Ragnarsson
Data providers outside of Listsource?
Hi BP,Does anyone have recommendations for data providers/companies that can provide seller data, outside of Listsource? The lists I have been recently purchasing contain a lot of incorrect/outdated data... I'm purcha...