Jonathan Tea
Los Angeles: Newbie trying to make the numbers work.
Hi all,Like many other desirable areas across the country, I'm having difficulty finding a property where the numbers make sense (1%/50% rule).The closest that I've found are in class C neighborhoods, near Inglewood.H...
John Public
Patch Of Land getting ridiculous
From "new offerings" email to fully funded in... 45 seconds!Cmon... this is getting ridiculous!!! How am I suppose to do any due diligence?! The Princton Indiana filled in LESS than one minute!!! >:(What is goi...
Kristen Watts
Held House for a Month Now Tenant Doesn’t Want It
Hello BP members. I collected a $1125 deposit for a single family home to hold a house for a prospective tenant. It’s been a month since she applied and a few weeks since I got the deposit. Her move-in date kept getti...
Brandon Williams
Should I sell or rent?
On my second home purchase currently. My first home I was able to purchase for $120k plus $30k added to the renovation loan, so all in for $150. Ended up selling 3 years later for $255k. Took the profits to dump into ...
Jonathan Lyford
Accessing money for next deal
Thanks in advance for all your collective wisdom!
So, I've been looking into real estate for a while now, and just recently moved and turned my old place into a rental as a way to get started in real estate invest...
Jason Xue
LLC's and Bank Accounts
How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
Chauncy Gray
[Calc Review] Help me analyze this deal
Hello Everyone, I am brand new to real estate investing, and I am looking for guidance from investors who have invested in small multi-family properties, as I am analyzing a duplex. The duplex was last renovated in 2...
Zach Heine
Apartment Owners During 2008 Recession?
Hello everybody, long time browser of BP but first post. With the impending recession on the horizon, I’m curious if there are any apartment syndicators on BP that owned / managed properties during the last recession?...
Carmen Ngai
Depreciation and tax liability
Hi Everyone,
I am just starting out and looking for a rental property. So, I have lots of questions, especially about depreciation. I'd like to evaluate how it affects the tax consequence when I sell it some day....
Mike Miller
Intent To Rent: Capital gains vs Income Tax?
Hi All,I’ve been tossing over in my mind my current situation. I buy SFRs and use the rent-to-own model with them. My model is a little different in the sense that I treat the house more like a rental. Here’s a few ex...