Alexandra King
Wholesaling and The Earnest Money Deposit
When putting a property under contract with an Earnest Monday Deposit, is it possible to lose the Earnest Monday Deposit? How do ensure we get it back if we do not find an end buyer?
Eric Walker
Just starting out - Joliet IL
Navy veteran trying to one day quit my job. I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years. I used my VA loan about 7 years back to buy a sin...
Account Closed
First Investment
I live in Orange County, CA and I've been scouting the market for the last year and a half. Let me just start out by saying the inventory for foreclosures and short sales dwindled really fast and got eaten alive by sh...
Nicholas Alves
LLC vs. Umbrella Insurance on Rental Property
Hello all! Just closed on a property i will be using as a long term rental and am getting ready to rent out my condo as well (Im moving to a new condo). What should I do in regards to having both rentals in my name v...
Jacob Turner
Pre-foreclosure Bank and Hedge Fun Tax Lien / Deed sales
Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
Victor Gomez
Buying small multi-family at 20% discount
Hi All!I read the 7 years to 7 figures from Brandon Turner, and one of the things that he states is that we need to buy at 20% discount. I would like to ask to the BP community to hear any experiences you guys might h...
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Andy Cross
Wholesalers Getting a Bad Rep
Ok...so...I'm a little beside myself. But I've got to get this off my chest.I'm seeing more and more posts about bad wholesalers. And all of the posts have various stories about how people are being jilted by bad whol...
Benjamin Fertich
Investing in a High Turnover Military Environment
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...