I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...
Hello BP folks, I am an event producer turned construction management student that got into the BP podcast during monotonous shifts of painting, sanding, etc., at my previous job. You can only listen to a good music p...
Hello everyone! My name is Candice. I am a single mother of three in Houston. I have always had an intense interest in real estate & would absolutely love to be a full-time real estate investor, but have grown dis...
I picked up a 3/1 SFH in Columbus, OH in October '21 for $82k that had a den that just needed a closet to become an instant 4/1. Original cash flow after a 75% cash-out refi was calculated to have been around $217/mo ...
I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) c...
My husband is working full time. I'm housewife taking care of our child and rental properties.We have 5 SFR and one apartment building out of state, managed by PM. We bought the apartment building vacant last year an...
Any experience with DSCR funding. Looking for the pro/cons for a new investor
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
Like a lot of young people have done my wife and I have managed to place a lot of debt on top of ourselves, some of it good some of it bad. My wife is a teacher making 35000 a year. She is a 10 month employee so her p...
Hello Everyone,I am looking at a possible deal that is a 4 unit property. The average gross rents would be around $2100/month comfortably. If I can purchase it for about $20K, it would need about $50K overall to bri...