Hello all, I am a new investor looking to land that elusive first deal. I have started marketing this week in Rochester, NY, and I'm getting  a few phone calls already. I am looking to share these leads with another e...

First post on BP and I am in the process of acquiring my first investment property. This property is currently a 3 bed 1 bath house but you have to walk through 1 bedroom to access another. No way of adding a separate...

Hello everyone,

I am about to start renting what has been my primary residence for 4 years. Can I use depreciation to offset rental income from the property, and if so, when does the depreciation start, the month I t...

Good Day, In my main capacity I am a trial consultant who helps trial lawyers navigate the psychological nuances of litigation. About 3 years ago my business partner and I purchased a 5-plex in Colorado Springs CO. ...

Well, after 3 months I finally got  into a house  in was the high bidder for at a short sale auction. The closing is in August.Question,  the entire house has radiators (working condition) and no duct work.  Any estim...

I am a newbee in investing. Besides absentee owners, which is the best list to target? Bankruptcy, tax liens? And what is a good number to start for direct mailing? Being new I have limited budget. Your help is greatl...

I’m James Goodlett.Brand new to the REI game.Only real experience is the purchase of my home that has since been converted to a rental property.I’m trying my hand at investing as a potential follow on career path.Once...

Hello Everyone,I currently just got a lead on a manufactured house that is going to be a short sale. It is off market right now so if I can get the right information I might be able to get a jump on it. The comps for ...

Hi All,So I have a situation that i would love some feed back on.A partner and I have formed an LLC to build or flip houses. He is now retired, and I am a GC. He provided the capitol, I provided the know how. So we bo...

I recently bought a small house (my principal residence) in a hot Portland neighborhood with hopes of making it a legal duplex by converting the basement to an apartment. Let's say this costs $100K to do properly (sou...