Elijah Henderson
Should I try to buy my first property from auction or mls
Hey I’m just starting out as real estate investor I was wondering would it be better to go to an foreclosure auction or find a house on an mls with an realtor first?
Sean Monahan
Commercial loan repercussions for residential loans
Hello community and thank you in advance for responses. I have a client, who was recently divorced thus taking a hit on their credit. The client is a friend and has a business. They are having trouble getting appro...
Jordan R.
Should I sell my two unit investment house?
Hey All,Hope everyone is doing well! Last December I bought a two-unit house for $240k. It generates about $960/month above mortgage and escrow costs. This was my first foray into the real estate market.I think I was ...
David New
3/1 with a 1/1 guest suite Pensacola FL STR
I am looking to make an offer on a 3/1 house with a 1/1 guest suite directly below the house and is a block away from the beach with a beach view. It also has a large yard with potential to put a pool in the future. M...
Linzey Ledesma
Advice for an REI newbie
Hello BP Investors,As a rookie I am seeking advice on what I should do or how to prepare to buy my first rental property. This will be my first ever property that I buy. Im interested in Multiunit Housing (duplex), I ...
Dennis M.
Condo Gamble by the Ignorant in 2005
Investment Info:
Condo buy & hold investment.
Purchase price: $125,000
Cash invested: $45,000
Sale price: $125,000
Condo
What made you interested in investing in this type of deal?
...
Nicole Cutlip
HELOC on Primary Residence - What if I move?
A year ago, I took out a HELOC on my primary residence to finance two of my investment properties. I owe nothing on this house, so the line of credit is substantial. I now plan to move in with my significant other and...
David Mancilla
Tenancy In Common (TIC)
Looking at buying a condo in LA and wondering if anyone on here has come across TIC arrangement and what your thoughts are. What are the pro and cons on this type of arrangement? Any assistance would be greatly appre...
Kevin C.
Form 4562 - 100% Bonus Depreciation
Hi - If I'd like to claim 100% bonus depreciation on a set of appliances I purchased for a rental property, would I just include the total value/cost in line 14 under "Part II - Special Depreciation Allowance and Othe...
Zach Shrader
Value add, garage convert to studio apartment
I bought a house in my local area with a decent sized separated garage. I want to turn this garage into a living space and rent it out. I live in Indiana. I’ve contacted a plumber and got a price on installing a bathr...