Tim Tafel
What Is The Best Platforms For The Most Accurate Comps? (Privy, Propwire, Backflip)?
I've been experimenting where I will comp the same property with different platforms (Privy, Propwire, and Backflip). The discrepancy so far (5 addresses) has ranged from very little (under $10k) to as far as $100k in...
Account Closed
For 50+ MF, how common is it to show a loss after depreciation?
Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...
Ryan Knapp
Looking for Cost Segregation Study insight
A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
Alec McGinn
Why would I ever use an accountant?
Hello BP, I know that accountants are extremely valuable people to have in your circle, but I find outrageous titles grab people’s attention.
When do you like to meet with your accountant and how frequently to you s...
Sergey Tkachev
Question about HOA and Co-op in Florida
Hey guys - I'm hoping someone can shed some light on this situation we are in. I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (...
Xiaowei Li
First investment: condo vs duplex
Hello BPers,I am a newbie to investment and seeking your advice here. Right now I am considering buying my first investmemt (buy and hold) to gain some experience. There are condos/townhomes and multifamilies in my ar...
Abdul Lateef
Brrrr STR in non vacation markets
Anyone has done the BRRRR method with operating the homes as short term rentals in non vacation markets?
Account Closed
Alot On The Plate, But It Ain’t Gon’, Eat Itself
1.) Why is it when buying a house from the tax sale,
Approximately 2-3weeks until afta auction is ONLY when I get possession?
2.) Describe a written notice to vacate.
Also, when is it ideal to be issued?
3....
Devin Beverage
Purely as an example for a beginning investor: Why and why not purchase this property?
I'm completely new to BP, the world of real estate investing, and all the math and strategizing that's involved, but I'm determined to make REI a major aspect of my life in the long term. To prepare myself I've been l...
Craig Kisinger
Need help with structuring a deal
I need help with a deal - the offer, deal structuring, and funding. Any suggestions would be greatly appreciated.
Here's the deal:
It is an REO, new on the market - asking price - $29,900 for a 2 Bed 1 Bath condo, re...