I am rehabbing one side of the duplex I purchased. I have already had someone call me, interested in renting. (The area does NOT have a great selection of nice places to rent.) He's an older gentleman and doesn't use...
Hello. I'm new to Real Estate. My primary focus is finding leads for my business partner and during the extensive research I've done for direct mail, wholesaling has caught my attention.My question is: What happens if...
Hi BP, I have a borrower that is acquiring a property through a non-performing loan. They are buying the loan and foreclosing to own the property. So initially instead of giving me a deed of trust, they will give me a...
Hi everyone, long time lurker, first time poster. Had a question regarding a partial 1031 exchange and how 1250 depreciation recapture is calculated, facts are below.12/1985 - 2 flat property purchased for $60k, resid...
Hey guys,I have a friend who is a carpenter/handyman, he owns his own company. Well we were talking about the idea of flipping houses together. I can tell you my friend has never been good with money at all so he does...
After doing some Driving For Dollars I had the addresses of a number of abandoned SFHs. I went online to the county tax assessor's website to look up the owner's and their addresses. The first thing I learned was t...
I'm purchasing a property in Starkville, MS, so that my child who's attending MSU will have a home to live in and I can rent out the other rooms to have an income generating property. I've got a contract on a 4 bedroo...
I really like BP due to the answer from expert in each forum in BP (while I don't enjoy what BP offers); my question is, is there a forum out there that's similar to BP, but focus on niche small business real estate a...
Hello,My name is Arthur Cross-Najafi and I am a 4th year medical student interested in building long-term wealth through real estate and, hopefully, achieving financial independence. I am new to the world of real esta...
I am in the process of purchasing a property in Iowa. It is winter here and the house inspector did not enter the attic due to personal items blocking access at the time of the inspection. I personally went into the a...