Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Michael Nahm
Garage door shattered tenants’ windshield
Hi everyone,I have a great tenant in a condo, that’s been with us for years. Recently, as she was going through the common garage, the door abruptly slammed down on her windshield and shattered it.From what she explai...
Marty M.
Very Long Introduction From NC
Hello!
I have been lurking for a couple of months, so I thought it was a good time to finally introduce myself. I live in Fayetteville, NC. I spent eight years as an infantryman in the Army and then went into correc...
N/A N/A
50% / Itemize
Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Herb V.
The Dovetail Method
Double closings using the Dovetail Method. Can anyone explain why this is good or bad. How does it work? Thanx, Herbster
Greg K.
Me vs. the local Real Estate Cartel
Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
Account Closed
Grant Cardone or Dave Ramsey
I Have been Listening and following Dave Ramsey plan for a while now. I happen to stumble upon grant cardone and have been listening to his materials. It's a total different approach from what Dave Ramsey teaches. Gra...
Gina C.
Wholesaling Process for Pre-Foreclosures and Foreclosures
Hi guys,So I recently became a landlord and I’m testing other ways to make money in real estate. I read up on wholesaling and wanted to try my hand at it. I bought a list of homes in the early stages of the foreclosur...
Bryan M.
3 family analysis
Hi Everyone, This is my first post so we will see how it goes. I would like some thought and analysis of a deal I am looking at. The property is a 3 family in a mid size city in Ma. The seller is offering financing ...
Daniel Colon
Lender won't let me move the property to my LLC
Hi!I just bought my 1st investment property, a brand new home with DR Horton, and used DHI (DR horton lender) for the mortgage, they told me they were going to sell the mortgage and I should wait for that before movin...