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If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
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Hey guys and gals,
I know it might not be a huge deal but after checking out properties for over a year and making many offers, I finally had my first accepted! Duplex in Garfield, Bergen county. 2x 2/1 with a finish...
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I’m currently trying to rent out one of my vacant properties. Usually when an applicant calls I get all their information and ask them the 4 basic questions: Is your income 3x the monthly rent?Do you have a clean crim...
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Hi all - I have a private lender that told me to write out a proposal for her to be my bank on my first investment. I have a question for BP. I would like to use the private money to purchase the property and fund p...
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I’m on several wholesalers email list and I have my Core 4 already going to houses to check them out and write itemized bids. But what comes before making an offer? Every wholesaler says to do your own due diligence.
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Hello BP, I am a part-time real estate investor in the Baltimore, MD area. I have wanted to do a post of my REI successes for quite some time. First, I really want to thank the BP community for being so supportive an...
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Hi guys. I'm looking to break into my local market of Central Maine. While I'm on the lookout for my first deal I've been building a small network. It sounds like there's a bit of a vacuum in reliable local property m...
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I currently have freedomsoft so I have a buyer and a seller website, but they don't generate any traffic unless I have links to them.
I want to get a seller website that is SEO for my area. I'm terrible at this. I d...
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Hello BP community!
My wife and I bought our first investment property back in June in Saint Paul, MN.
The residence is a two story 2BD/1BA with a single stall car garage. It has 1050 square feet of finished living...
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I completed RON LeGrand’s terms course and watched many videos by Joe MCCall. I am finding a lot of interested sellers in higher end neighborhoods 400k and up. The one I am working on is listed FSBO for $689k. My ques...