Alan DeRossett
fruit tree Tax exemption
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...
Account Closed
The Flippin' Drop Has Arrived - Anyone Besides Me Still Flipping?
Mortgage Rates More Than Double In 10 MonthsFlipping Homes
Big takeaways from our survey of fix-and-flippers last week: 1) Rates have massively slowed transactions and prices are falling broadly. 2) Lots of talk abou...
Bian Dahab
What’s happening to this floor? Advice needed
Hi all, I got a new construction home with a beautiful hardwood floor. I moved in at the beginning of June and have been noticing these floor damages happening over time. I noticed one in July and now there are four s...
Michael Corbin
Investor friendly Banks for LLC
Hi I have a real estate LLC that was recently started. I want to open up a bank account for the LLC. Wanted to know what is the best kinds of bank that is real estate investor friendly. Just don't want to walk in to...
Randall Re II
DSCR loans and what to do
As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...
Reid Hanley
Valuing a Mobile Home Park purchase based solely on Rental Income
I need some input from all you BP MHP Pros! I met with a seller yesterday who has an 81 unit all POH Park for sale based on a 7x multiplier of his annual rental income. Would anyone here buy an all POH MHP based sole...
Heidi Backer
How much is a detached garage space worth?
Hi Everyone, We are currently under contract to purchase our first duplex and the sellers want to become renters for a year and the purchase of the house is contingent upon the lease agreement (both parties to need to...
Jason Curfman
Starting out in Raleigh, NC
Hello all,My wife and I are planning on getting into real estate investing, and since we live in Raleigh, NC that is where we are planning to start. I have been working on a business plan before we begin, but I wante...
Aya Caliva
VA loan for 2nd house
Hi all, I have a question regarding to VA loan to buy 2nd property. We own a single family house with VA loan in Virginia beach and thinking to purchase 2nd home in a same area using VA loan. Is it possible or we can ...
Tony Longoria
Should I sell or leverage my equity?
Hello everyone! New member here. I want to apologize in advance for not having my profile updated before posting. Quick intro: I am active duty military currently stationed in OKC, OK. I own five properties and gettin...