I have some new investors looking at options and I recently read this article in Crain's about Sam Zell and his experience and vision of the future of Mobile Homes and thought I would look to the BP community to get y...
HI everybody! Newbie here from Maryland, loving REI everyday more!! I read some previous posts on this topic but still somewhat confused. (I hope to add a CPA to my team pretty soon). I have two scenarios that wil...
Hey folks - I may be closing on a property soon in the westpark/jefferson area. I'm in a bit of a pickle deciding whether to ..1 - vacate the currently occupied unit and take the next 1-2 months to do some minor upgra...
Hi BP,I work in mostly wholesale in Austin selling to flippers and developers. I'm interested in learning more about buying land and subdividing it into lots. I have poked around the city website, however the informat...
Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...
I'd like to pick the brains of everyone on what you'd do in this scenario:Multi-unit property is up for sale. Motivated sellers who are no longer in the area, which makes them even more motivated to sell. Property o...
Hello. Detroit investor here! I have one single family home and in search for my second rental property. Currently, interested in a recently toured brick duplex to BRRRR. One side is vacant which looks like mainly...
BP I’m moving forward with my plan.Recently I went down to the Enterprise, AL area to get an “eyes-on” what will be my future stomping ground. For context, I’ll be moving there for approximately a year to complete mil...
I've started looking at what's available in my price range over the past few weeks ($400k-$550k), and currently my main road block is finding reliable brokers/agents. Two didn't even bother to return my calls, while t...
I'm currently in escrow on an under-performing self storage property in CA. I heard about using Cost Segregation when purchasing it to maximize on the tax benefits. I'm going to consult with my CPA, but just wondering...