Hey everyone,Just finished my first flip in the Northern Virginia area and it was a success!  I got the deal from a bandit sign but now I want to move to direct mail for my deals. I just finished sending 2,500 mailers...

Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...

Seems the majority of homes in my target price range of under 150k are mobile homes in a community. I plan to rent the property. Mainly wondering if its a good first "type" of house to buy. Being that it seems more su...

Hello All,
I am just getting started on my path to financial freedom through Real Estate. With my first post on BP, I would like to ask for any advice regarding my current situation.

I am a recent pharmacy school ...

Hello BP'ers!I am looking to purchase a single family home for rental property investment to buy and hold in central florida: Merritt Island or Melbourne area. The problem here is the inventory has been so low it is a...

Hey, guys. I want to know how much money you keep available for contingencies on your SFR rentals.I have two SFR's, with a third (current residence) to be rented within a year. With the two rentals, I've never taken a...

I am new to REI and looking to get into the business.  I am a corrections officer, have a wife and 4 kids 10-5 years old.  I live in a town of Heber City (24,000+ with higher than state average property values).  I am...

I'm just curious, does anyone have experience with Residential Care Homes? I saw one advertised that was a house set up for six people, fully occupied. They claimed it was 10.5% CAP. I'm just wondering, is this akin t...

Hey everyone, my name is Nick and I am from Tampa FL. Last year I completed my first deal, bought a house for $68K Cash, did a complete gut, re-did every single aspect of the house from drywall to kitchen to tile to f...

Hello everyone! My name's Callen and I'm super excited to be part of this awesome network of people. I'm 19 years old and live in Fairbanks, Alaska but just recently opened my business in Salt Lake, Utah. We are calle...