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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...
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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...
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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. ...
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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...
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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...
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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...
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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 ...
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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...
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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...
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These four free ways to find motivated sellers that are NOT your average way to find leads that I will go over. You do not have to go to Craigslist and cold call for sale by owner (FSBO). Everything works, but these s...