Matthew S.
Depreciation Recapture Tax
What is the best way to delay or avoid paying depreciation recapture tax? It is my understanding that when you sell a property, you are required to pay back all of your accumulated depreciation at a rate of up to 25%....
Derek Scruggs
Looking for Co Springs agent and an inspectors
Hi All,I have a property under contract in Colorado Springs that I plan to rehab and sell. I don't know that market well (I live in Denver) and could use a good agent to make sure my ARV estimates are reasonable, and ...
Danielle Shulman
Full Gut or Basic Face Lift?
If you are looking for an investment property, what appeals to you most, a full-gut rehab or a basic "face-lift"? Why?We started out working with full-gut rehabs but noticed on these 100 year old Chicago homes, we ru...
Justin Guidry
Always second guessing myself!!!
Why do I always start second guessing myself when it comes time to pull the trigger?!?I've been looking for awhile now and the couple deals i found i always talked myself out of it. I found this one and i actually pul...
Brandon Marler
First Time Flip
Hey BP I have some flip questions. I have a single family rental that I am thinking about flipping. I have never flipped a property, so I'm not sure the correct avenues or people to contact. How do you initially figu...
John Chetta
Louisiana Real Estate Agent
Hello. I've been interested in a career in real estate investment for a few years, and got my license as a first step. I'm a quality over quantity type of person and very eager to learn. How do I start working wit...
Evangelina Obana
Heloc application primary residence before moving into next primary residence
Hi my name is Eva and I am newbie to BP and I am currently on the process for my second home as a primary residence.I wanted to ask if is it advisable to take a HELOC on my current primary residence now before closi...
Samir Pathak
Sacramento Area Wholesaling Opportunity (Fair Oaks, CA)
Hi BP - would love to hear your thoughts on a wholesaling opportunity I was given. The comps seem okay enough to me, but something doesn't add up given the estimated rehab and ARV amounts. The property isn't listed ...
Daniel OKeefe
The Deal I Didnt Want
So I'm a new investor and I am just finally getting my financing in place to purchase an investment property. My personal residence has a vacant lot next to it and I was told when I purchased my home that the lot was...
Aaron Farr
Nearing the end of my first Flip (pics)
My first flip was not a lipstick flip! I partnered on this project with a fellow BP member which proved to be a great decision as we could support each other emotionally through the ups and downs, lol. We have a few...