Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
https://www.facebook.com/mitcheldurfee/videos/1015...I committed to purchasing 1 million in real estate assets and now I need some help and guidance! Anyone out there want to take me under their investment wings and h...
Hi all,I will try to cut through the fluff and get right to it. I have a quadplex that I am going to submit an offer on however I wanted to get feed back from everyone. Lots of factors here, some manageable some not...
Hi BP Family I was wondering about the costs affiliated with a LLC, and what is the best way to set one up. Meaning should I go through a lawyer, accountant etc. or would legal zoom be good enough. You see I want to ...
I own A - C class properties and have never had these kinds of imbeciles even in my C class property. I get one low life after another with evictions, criminal histories, low income but thinks they can afford it (75% ...
Hi to everyone in BP community! I moved to SF recently and I want to make out this city my new home. I was fortunate to find out about BP through a friend, @Jeremy Jones. Since then I've been listening to most of the ...
We are VERY new to this; we will be leasing out the home we have lived in for eight years and this will be our first rental. Is it general knowledge among renters what is typically expected to lease a property? For in...
I very new to this but I want to start off by saying that I've read the books, been on the webinars and rental properties is something I want to do right now. I currently live in the Akron, Cleveland Ohio area and now...
Hi everyone, my name is Tom Harrington and I just wanted to introduce myself to the community here! My wife and I live in Canton Ohio (home of the Football Hall of Fame) and we were recently blessed with the birth of...
My wife and I recently purchased our first ever SFR. We've been told by contractors who've visited our property that we should look into getting our roof replaced within the next year or two. As investors, what caused...