Hello everyone,I am closing on my first property in Elk River, Minnesota and I am wondering if the purchase of the home itself can be considered a tax right off. I know once it is purchased it follows the rules of dep...
First deal I actually accomplished was in Detroit Mi. Property has fire damage. It seems like no one wants to really do anything with this property. I need advice. Should I keep marketing or just cancel the contract? ...
Hey BP,I have a cool story to share and a number of lessons that will benefit some of the newer folks. A while back, I was asked by a fellow, much more experience investor, if I'd help him run a moving truck on an 8 ...
Hello everyone. I'm sure this question has been asked before, so I apologize. I just purchased my first rental property on Dec. 29th. In order to do this, I took out a HELOC on my primary residence. My plan is to appl...
I am looking at a 2 family that poses to have some good potential cash flow. I seem to be getting hung up on the level of upgrades necessary. The electrical panel is listed as fuses. I have to assume the entire ele...
Hello everyone, I am a mature investor from New York. i have seen quite a number of threads involving alternative sources of seed capital and I am calling out to the community. I remember my earliest investments were ...
Is it legally required? I can't seem to find a simply "yes" or "no" answer on the .gov site. I have used an agent in the past and trying to see if I can just do this part myself-- P&S, etc. Thanks in advance!
Hello BP!As I get ready to to start purchasing real estate in the next month or two I had a thought. Maybe some of you investors that are real estate agent and/or Realtors can help me here. I plan to invest out of sta...
Hi everyone! So I am a huge fan of Grant Cardone. I love his drive to be the best, how hard he works, and his real estate investing strategy. If you had to give a 23 year old advice on how to get to Grant Cardone leve...
Hello BP, Back in August 2017 I worked with a roof company to renew the roof of an investment property I bought in Miami. I received a letter from a sub-contractor company telling me that the roof company haven't paid...