Amir B.
Investing in San Juan, Puerto Rico
Hello BP Community,I was wondering if anyone has invested in PR before? As many of you heard PR defaulted today on their loans.http://money.cnn.com/2016/07/01/investing/puerto-rico-defaults-general-obligation-bonds/in...
Karen Young
Basis of depreciation calculation - sale price? tax assessment?
Good morning everyone!Let me thank you in advance for taking the time to help us newbies!Question: to calculate depreciation, what price do you use? the county tax assessment, the sale price, or the appraisal price?2n...
Chad Tate
Should I get an inspection?
Though I've researched this topic, many of the posts were not only older but had mixed oponions, so I'd like to raise it again. I'm a new investor working on a possible first deal. I'll be buying a buy and hold proper...
Joe Garbarczyk
6 houses on 1 lot - is this normal and can I separate them?
I came across a really great wholesale deal in the Bessemer / Lipscomb area of Birmingham.However, on the surface - at least to me - the way the land and public records are coming up in my research have me a little co...
John Reid
Screening new tenants?
I am about to have my first rental property. What are some of the tools/tips to screen for quality new tenants? Also on one of the bigger pocket episode, I heard a discussion regarding an app that allows for marketing...
Patrick Moore
Listing an apartment before purchasing the building
Hello all,I have been following the BP podcasts and reading the forums for a few months now and I'm about to make the jump into house hacking. I just looked at a triplex in the chicagoland area. two of the units are a...
David Drew
Adding a Unit to a Duplex to Make A Great Deal!...Or not...
So, I've been listening to the Bigger Pockets Podcast for two months, reading books, posts, going to REIC meetings and analyzing deals, all in an effort to make the 'best offer' and close the 'best deal', on my first...
Amber Turner
Individual 401k vs self directed real estate IRA
Hello,I have been looking into an individual 401k from vanguard. I like that we can contribute more money to it than our individual Roths. I don't know much about the self directed real estate IRA. Does anyone have an...
Khadijah Celestine
Does living in a rent-to-own count as an real estate interest?
If I'm living in a house under a rent-to-own contract does it count as an interest in real estate? Specifically for the purpose of qualifying as a first time home buyer, assuming the qualifier is "does not hold an int...
Nick Newby
Brokers, Finding deals and and Finding Brokers
Hey Everyone, so I've been listening to a lot of the podcasts basically on loop and a few thoughts and questions keep coming up that I want to see what people think about them.I'm new to multi-family and keep hearing ...