Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
Cam Jimmy
Borrowing from your 401k question!
I've been aware of the strategy of using your 401k to borrow money from to buy real estate for some time now. You can borrow up to $50k and pay interest to yourself... got it...awesome. However, in my area the houses ...
Rod Govea
Pre Foreclosure - Paying off balance and acquire property
Hello BP nation, looking at county assessor's office and properties that are scheduled to be foreclosed.There is one in particular where the outstanding balance states roughly $35K. I know the property is worth much ...
Jason A.
Need help executing my first seller financed deal
Hi everyone,I would appreciate your help with this one. I am a buyer negotiating a seller financed property. We've agreed on the terms of the deal, but I'm wondering about the mechanics of executing the deal. Do I n...
Maurice Webb
Brand new to Investment Properties.
Hello Everyone,My name is Maurice and I am completely new to investment properties. I'm originally from Colorado, but am now living in Texas. South Dallas to be more specific. I have always felt like I need to be in b...
Jeremy Moore
Market Analysis data resources from a newbie in Charlotte, NC
Hi everyone, I'm a newbie investor just taking my first steps toward making this my new business. I've been a web applications developer for the last 12 years, and I'm really excited to mix my tech skills and entrepre...
Randall Prosise
Should I invest in a new market, living around the world from it?
Hello everyone, and thanks in advance for any insight you may provide!I currently live and work in Beijing, and have a rental property portfolio in the form of 7 condo units in downtown Seattle. They are managed very...
Chris Ayers
Countertops for Rentals - Charlotte, NC
I just had a terrible experience with countertops and I'd like some advice. We ordered laminate countertops from Lowes and we're told 4-6 weeks for installation. Nothing special or unusual about them. Took them 8 week...
Alex Ferry
West Salem Rental Home
I am considering the purchase of a rental home in West Salem. I know there are a ton of rental homes in 97301, but I am not as familiar with 97304. Does anyone have experience with having units in West Salem and if th...
Account Closed
Cost Segregation Study
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...