Glenn Gayet
Choosing Between Brokers - Rentals
Hello,I am new to real estate and looking to get started in rentals as it seems like a good place for beginners to get their feet wet. I have two options when it comes to brokerages as far as rentals. One is in West N...
Allison Morris
Turning Personally Owned Second Home into Business
I personally own a home with the mortgage in mine and my husband’s names, financed as a second home. The plan is to rent it out as short term vacation rental and have it pay for itself and generate income. Our bank sa...
Chris StPeter
New To All Of This-Rhode Island
Hello. I'm new to the real estate world. I'm interested in flipping houses in Rhode Island. I just registered for a Nick Vertucci free seminar. Before everyone tells me it's a waste of time and money, let me just tell...
Margaret Jay
Depreciation and tax deduction questions
Some questions for investment property: 1) when you buy a house, does the 'clock' on the 27.5 years start over, regardless of when the previous owners bought it?
2) what is a ballpark building vs. land ratio to use w...
Neil Greene
Buying two-family, owner wants to rent from me--need suggestions
Greetings BP!I hope this note finds you all well. An elderly neighbor a few houses down wants me to purchase her two family. She is a widow and says it's too much to manage. She wants to remain on the bottom unit an...
Joanna Valdez
Interior Design School
Hello :)
Lately I have been considering going to Interior Design school to help me out with my future real estate investments. I've always loved designing and decorating, so it only feels natural to go to school for ...
David Axelrod
Wholesale Option/Exclusivity Contract ... With No Specified Price (At First)
First post ever on BP. Go easy on me... Two existing owners of a duplex are willing to sell at the same time in an off-market transaction. It's a rundown old property on begging to be turned into townhomes, as is happ...
Precious Thompson
Being a new Real estate Agent
What was the most important lesson you learned after closing your first deal as a Real Estate Agent?
Casey Carroll
postlets is gone, and now I need a new alternative
Hi folks,I'm an active lease option wholesaler that does deals in multiple states, and I just discovered today that one of my primary marketing vehicles, postlets, is totally gone and absorbed by zillow.I would usuall...
Todd Bullinger
Lease option creits
I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...