John Duke
Is it okay for a realtor to drive a 2 door coupe?
Hey guys, Im 23 years old and just about to get my real estate license. I have money to buy a new car but I really hate 4 doors. My plan is to buy fuel efficient yet sporty Subaru BRZ sports coupe next week. But for s...
Nicholas Ludwiczak
Making an offer on a self storage business
I have a self storage owner come to me with an off market deal for his 84 unit business with room to expand. It as has a newer model home onsite a business is renting as an office. His rates are well below market, eve...
Darren Winslow
Long Distance Turnkey Investing...Not So Turnkey
Need some wisdom. Invested with an out of state turnkey real estate company. Four months in, we get notified the rehab of the property was completed. Looked over the limited photos provided and observed some of the...
Lang Le
Starting bid price in a Trustee Sale auction
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...
Ty Martin
Forming an LLC before I begin?
Hi BP family! I am just starting out and put my first offer in on a condo that needs minimal to moderate rehab in my hometown of Marlton, NJ. I am planning on house-hacking it for about a year before hopefully movin...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Jay Patel
Can I do better? (Cash Out Refinance)
Hey guys, So I am trying to cash out, refinance one of my rental properties. A little history: I purchased this property back in Feb 2016 for $50,000 with $800 closing costs (All in: $50,800). I have 100% equity in th...
Kevin Mirise
High cashflow Lodging house, walkable beach community S of Boston
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.
Purcha...
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
Not a day goes by when a vacation rental investor does not ask: "How accurate are AirDNA rentalizer estimates and projections for short term vacation rentals?" The simple answer is highly accurate..A recent CBRE repor...
Steve Candor
Is the listing agent lying? Ever caught the listing agent lying?
This is hard game to play. The listing agent says there's an offer on the table. Then says it's pretty close to ask. No contingencies. 2 weeks to close. All cash. I think for some reason her and the owner are lying to...