Dana Walker
Question about Buying A House Before A Hurricane
I've always wondered this and now seems like a good time to ask. Lets say you buy a property right before a hurricane. I realize that there is a cut off time for new purchases before a storm but if let's say you get...
Gabriel Alfaro
Looking to connect with some local investors in to Columbus area
Hey everyone!Hoping to connect with some local investors in the Columbus, OH area as I am wanting to invest in some fix and flip properties. Would also love to connect with some local real estate agents in the area wh...
Mathew Collins
Can you put the house you live in into an LLC to protect it.
So what I want to do is protect my house with an LLC while living in it. I own the house outright. Is this a good idea? Can it be done? I will also be buying another property soon as well and would like ito to be...
Ayodeji Kuponiyi
Tax vs Taxes
When crunching numbers to figure out if a deal is good or not, I find myself realizling that aside from property taxes, I have to factor in school & county/borugh taxes. This is probably why so many homes are stil...
Pierre E.
300k average profit on a flip - is that real?
I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the...
Nat C.
Has anyone on BP ever actually secured a property directly from bank asset manager?
I'm sure everyone has read about acquiring real estate by getting acquainted with banks asset managers and buying the property before it's put on the market. Everyone I have spoken to says this never happens and asset...
Darrick Richardson
Which is more effective? Mail Marketing or Cold Calling?
Title pretty much says it all. I am just beginning. I have a list of properties I got from driving for $$ and have done the skip tracing. Are people generally receptive to phone calls from investors or should I sta...
Heather C.
HUD home NOT listed
I know of several properties that have HUD case numbers assigned to them; but are not on MLS or HUDhomestore.com. These are homes that have been already been placed with realtors; but do not have (to my knowledge) ha...
Jeff Greenberg
Repair Holdback on a 1031
An investor has 400 k that needs to be exchanged. We have identified two properties with a combined asking price of 1 mil. 25% down and closing costs would get us around 275k. The two properties could use 125k ...
Andrew Thomson
Depreciation for tax purposes
Hi there,
I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada). I'm relatively new (3 years) to the accounting world a...