I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
I feel guilty of not being very active on Bp lately. so this post will hopefully motivate me to become more active in the forumI recently bought an old house that will need lot of clean up and work. i paid 78k includi...
I am interested in hearing from people whose portfolio consists of single family rentals. I currently own 7 sfr. I’ve had great success acquiring them over the past three years. But it seems like this is the point whe...
Background...I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a de...
Are there any places that sell single family houses for 50k that’s not in a war zone? I’m looking for houses that I can buy that would cash flow in descent areas. I’m not looking for appreciation, so no need for that ...
Hi guys,So I recently came across an amazing deal which I got under contract. I ran the comps and they are amazing, I am about 55k-60k under market value on this property. A house across the street with the same exact...
Hello! Looking for advice on whether or not a sewer scope is worth it for a home in Columbus OH. Inspection company charges 400 for general inspection, plus another 200 for sewer scope. Is the sewer scope worth it/nec...