Lets see if anyone can help me with this scenario as I may face it in the near future...For scenario reasoning lets say I am typically in the 10% tax bracket.I purchase a lot on January 1, 2016 for $18,000 and start t...

I've been searching for my first property to put under contract. It seems like there are two major hurtles to making sure you buy a property right. Accurately estimating ARV and repairs. As someone new to all this, I'...

Am about to bid on a project larger than my capacity, what do developers require if I bid $xxx,xxx and will put 30% DP upon NOA or NTP. I have never worked with this developer so I am anxious to put the 30% DP on my p...

Greetings everyone,

I'm excited to join the BP community. Over the short course of me signing up for BP, I've been watching, reading, and learning from all of you exceptional people and I'm very thankful for such a c...

Don´t know if this the correct forum here, but I want to know how high can I get a tax depreciation for this year (2010) when I buy an house this month for only $5k for a fix and flip in May 2011?
Thanks.

-Uwe

I work in the mortgage business and I've seen what it takes to get a mortgage done. I want to learn how much work goes into flipping a house. From finding the deal, building a budget, securing the financing (if it's n...

Hi everybody, I've been reading this site for a few years but finally decided to make an account.  Let me give you a little history before taking an informal poll on how to move forward.  In 2013, my wife and I sold a...

One thing I have been lucky about is having property managers already present at the property I bought and them wanting to continue to manage the property after. This has been a huge advantage as property managers off...

Hello,
We are looking for our first house-hacking primary residence to buy and its been hard to try to find a property that cash flows based on BPR calculator. Does anyone has experience with short term rentals in De...

Over the last year, my fix and flip business has grown gradually and it looks like to grow further I'm kicking around the idea of trying to use some hard money to fund more projects and to get used to working with har...