One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Hello everyone! This is my first original post- though reading and commenting has been fun!
Over the last week, an unexpected deal has fallen in my lap! It’s a cute place, with probably about 30k worth of work to d...
Bigger Pockets Members,I'd like to ask some of the experienced investors out there how many of you put your own money into the deal on the LP side as well as acting as the GP and syndicator? Secondly, do LP's find th...
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
hey bp I've been taking massive action and have finally found a solid motivated seller! I've never done a wholesale and I'm not completely confident on my numbers so I'm here looking for a some help.Seller wants 150k....
I am currently renting but looking to buy in the Minneapolis market. I am a first time home buyer looking to purchase a condo, however I only want to live in the home for 2 years and then turn it into a rental propert...
Hey BP,I am interested to hear from any investors in the Waco area who may want to offer their opinion on this deal. I have been brought a deal in the Sanger Heights neighborhood consisting of 4 total units:- 1x SFH, ...
Hi All,Hope all is well and happy Friday! I have a cash offer from an unknown investor for a property I own in Denison, Texas. He texted me out of the blue, as others had in the past, but this one investor did follow ...
New guy here, first time homebuyer. Considered a landlord, even though that is not what my intentions are. I'm not sure if this is the right forum section to post this. Relocate if needed. I closed on a house on Janua...
Beware of unscrupulous lenders
I am posting this over several real estate investment forums that the lender in question participates. All statements are of fact.
First of all, I have to say that most lenders that I’...