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I've done several subject-to deals and want to begin a marketing campaign to acquire more. I've sent yellow letters before with the intention of getting subject-to deals, but ended up getting mostly wholesale opportun...
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Hi all, new here and just starting out, and have a bunch of really basic questions so please bear with me :)If I were to buy an old property that is past its depreciation period, is there any form of depreciation I wo...
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I'm working on a wholesale deal currently in Nashville, TN. I have a Purchase and sale agreement, and also an assignment contract. If I understand correctly, I find the seller and they sign the purchase and sale agree...
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Hi all,
I'm considering selling my primary residence which I have lived in for a year and a half. I bought it for $76,500 and figure I can sell it for $90,000. If I understand correctly, I can deduct the real estate ...
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Good afternoon everyone
I’m from south Florida ( Fort Lauderdale area) and I’m curious to what you all think about investing in D area rentals. It’s very competitive here, and I’m new to investing. It seems like the...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $232,000
Cash invested: $65,000
Sale price: $495,000
This was a house that I bought during covid for a project,...
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Hey BP Community!My name is Ashley and I joined this amazing community about a year ago... But never introduced myself.I love all the sharing of knowledge and support in this community. I thought I'd offer up some sp...
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So if I currently have a rental property that I purchased for $65k and spent $50k improving and I sell it a it a year after buying it for $250k in order to buy a rental property that costs $100k and needs $150k in imp...
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Hello All,We’re going to sell our triple decker in Rhode Island this year and would like to do a 1031 exchange. Can someone explain how the process work step by step. Thank you very much
I'm about to start flipping short sales with option contracts. Does anyone have any general tips and advice? I've been told that many banks are opposed to it because they prefer to sell the house at the price the inve...