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Results (10000)
Ryan Pozzi Cash Purchase vs Conventional Financing
5 March 2019 | 27 replies

Good evening from the Midwest!  I've come to ask for feedback while acknowledging that I'm early enough in my journey that I can't yet offer much in return other than gratitude and it's hard to pay the bills with grat...

Alexander Wright Detroit area opportunities
6 January 2020 | 24 replies

So ima newbie from Detroit and with the new chrysler plant under way for construction I'm think of land grabbing rental properties and flips in the detroit area but dont know where to start should I get super cheap pr...

David Lowe How Accurate Is The 2% Rule?
2 June 2016 | 64 replies

I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...

Dina Harleth Calculating capital gains on sale of gifted house?
23 May 2014 | 26 replies

Hi everyone,

I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...

Ralph Dicharry Flooded Houses in Louisiana
29 July 2018 | 53 replies

Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood.  I have never thought about flooded properties before so I decided to reach o...

Anita Smith Question for an attorney or CPA? I'll pay for the advice
6 August 2020 | 16 replies

I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...

Heeyeon Chung Seller refusing to provide financials
24 January 2023 | 49 replies

Happy New Year, BP Community! I am currently under contract for a 14-unit MFH property. I was told that the seller is old (in her 70s) and both the seller's broker and her attorney are having a hard time getting thing...

Mike Williams Don't rent to strippers, hair stylists, or people on disability
23 March 2015 | 57 replies

Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc…  If they are in the cash business, they are uncollectable.  You need to find someone with a good job that is not worth leavi...

Bob Dole Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies

All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...