Will Barnard
Reading or Hands on, what works best for you?
When I first started out in this biz, I read a ton of books, attended a ton of seminars and paid for training/bootcamps from the gurus (my only real mistake). After having a solid foundation under my belt as far as ed...
Jack B.
Anyone else waiting to buy once things settle?
Own a 6+ million dollar portfolio currently. Was more until recent price declines. Waiting to buy more once things settle, rates go back down, etc.
Cynthia Miller
Do you use LLC's for your rentals? pros and cons?
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Benjamin Aaron Parr
Would Out of State be worth it?
First and foremost, if I put this in the wrong section I am terribly sorry. Just joined the site and am still figuring everything out.Recently became intrigued in acquiring property to rent out (I plan on reading some...
Tim Morales
Hard Money Loan and Refinancing
Hi,If you take out a hard money loan using a property as the collateral for that hard money loan, in order to pay off that property's mortgage, does the hard money loan act as another mortgage against the house once t...
Andrew C.
Depreciating a house owned for 50 years
Hi BP community . My grandparents have lived in a 2 - unit duplex in Cambridge MA for 53 years. They purchased their home for $35k - the value has sky rocketed in the past 15 years. They are looking to move out of th...
John Jones
Filing for Depreciation will be a costly mistake for me atm? 24h
Hello. In trying to help my mom after my dad passed away Christmas, I
rented my place out. Having never done this, and rushed by the
deadline to file taxes, I'm confused on some points. On advise pages
it's s...
Jeff Bridges
Nonmarketable title and encroachment
Hey BP universe! I got an opportunity for a buy and hold rehab for a REO, but found out there is an encroachment claim/ issue on the property by a neighbor. Right now I'm in the process of running it by my title compa...
Robert Spence
Buying REO properties in Pittsburgh, PA
Is anyone here investing in the pittsburgh area? I am interested in purchasing REO property in the area, and im trying to figure out where to start.
How does one go about getting the jump on one of these kinds of dea...