This is the first year my prior home became a rental and I understand that depreciation is only for the value of the home. I looked up the tax assessment and the total is less than half of what I paid when I bought i...
Anyone in the forum have past or current experience in the South Central Pennyslvania markets?I am brand new but trying to get an idea of local markets before my investing begins in the coming years. I am mostly looki...
Hey Guys, listened to the newest podcast, about building a wholesaling machine, which was amazing. Then on another podcast, Wholesaling Inc, where they discussed using the skip tracing and text program to get their le...
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Congratulations BP community.
Hello everyone!I'm really excited to finally be a member on BP! Ive been using it as a reference for quite some time but just lately I decided to take the next step. My goal is to buy rentals of all types in order to ...
Okay, let's say safe and relatively fast?Here's one scenario that I have been tossing around this month after reading Rental Property Investing by Brandon Turner and a couple of other books.Say I have around $250,000 ...
I was hoping to pick everybody's brains on how they complete their cash flow analysis. I'm trying to figure out all of the expenses but I want to make sure I'm not forgetting anything. Thanks for the feedback!
Excited and relieved. After 5 contract extensions for reasons way beyond my control, the ink is finally drying on an FHA financed quad, bringing me to 6 units.In March of 2016, 2 months after my 23rd birthday, I boug...
So, 12 years ago we bought a small house on essentially a double lot. House was financed on a private note with seller with 10k down and 5.75%. House would not have funded thru bank because of repairs. Fast forward af...
My wife and I are relocating to Tampa from the Orlando area in February of 2020. I have an extensive history in carpentry and remodeling, along with being a heavy equipment operator. My wife is Handy as well and has a...