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I'd like this thread to be a place where we compile a list of the major tax deductions available to a real estate investor. Since I do flips, I do not get the benefit of depreciation, but here are a couple of good on...
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A solid house deal in decent school. I am thinking about buying it, fixing it and renting it out, but it has a septic system. I am not sure if I should get into it even if it is working now. I am not hands on and I am...
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Hi BP community! First time posting here but I've been following the BP community for a while. Found a deal in NYC, in a relatively stable area. Next to a hospital, businesses. Lady is selling because she bought anoth...
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Hello All,I have an R2 vacant lot in SF. I had considered building on the lot but I only have limited experience in this area and feel selling it and investing that money would be a less risky option. Thoughts:. 103...
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Ok so I have a gentleman that wants to sell his 45 unit apt complex. I need to know what kind of questions that I need to ask him so that I can answer buyer's questions. I've never done large multi units before what k...
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I have a private loan, 15%, on one of my homes that was cross collateralize with another home. This was supposed to be a short term, organize and get out. I am trying to refinance into a lower rate/term and I am havin...
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I have been looking to purchase my first rental property and have kind of drug my feet a little, but mainly because the market where I live is overpriced for rentals on the MLS listing. I was talking to a contractor a...
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My wife and I live in 4-plex that we are hoping to buy. Each unit has a one car garage. My hope is to turn the garages into an ADU or another unit. We have enough to put 25% down and make the investment positive cash ...
Hello all,I do a rent by room strategy outside of Denver proper, and in the past have been burned a common denominator of two tenant that I allowed co-signers were not a good fit. One tenant in particular that was a n...
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I recently finish renovating a house I purchase and the lady next door approached me. She is selling her house for 117K but actually owes 140K. She knows she has to pay the balance and is considering going bankrupt. N...