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My tenant reached out to me this morning stating that she has been the victim of identity theft and her bank account is currently frozen. Rent is due on the 1st and late after the 5th. She requested that I use a por...
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If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
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Hi BP. I'm looking at several apartment buildings for sale in Idaho next to a major university. I received some initial information about a complex, and I'm trying to decide it is worth a second look.It is an 12 unit ...
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Hello fellow BP members!!Let me start of with some background. I bought my first SFR this year in Arizona and have been doing small cosmetic upgrades to the property. I decided to rent my 2 extra rooms to house hack, ...
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Recently attended my first REIA meeting yesterday and was excited about hearing from the speaker and that I recognized a lot of the concepts from my 2 months of study. The concept of an unlimited ROI was intriguing (u...
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Hi All,Like many others, I have been doing research preparing to begin my first REI with a SFH in Memphis, TN (because properties here on Maui are too expensive for regular guys with regular salaries like me!) I've b...
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My wife and I are both active duty military officers with an exciting opportunity to move to Oahu in about a year! We have a considerable stash of cash and will likely have high salaries to help us invest in a piece o...
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Good afternoon BP! I could really use your help here.My name is Ed and I joined as a Pro member this year to push my real estate education into high gear prior to making my first investment purchase. In the meantime...
Hey everyone, I've been a townhouse/apartment flipper in Vancouver, BC the last few years. Since that market is in flux (with a good chance of a decent decline), I'm taking some time to explore other markets in additi...
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I have been investing in realesate since 2011. Here is a quick run down on my current situation. My father has been my 50/50 partner since day one. We buy severly distressed properties, do all the work ourselves, and ...