Shawn Torsitano
Sometimes It's Right Under Your Nose - Flip Analysis Help
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Daniel H.
Depreciation
If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
Spencer Wetmore
Need advice on how to increase rent!!
Hi BP Community,I am a new landlord and I need hep!I purchased my first fourplex about 3 months ago. I inherited one long-standing tenant who was (and still is) paying well under market rent - probably $250 under mark...
Jenn Baker
purchasing during job loss
Will try to make a long story short. We have a nice lump sum of money coming. We rent at a rate more than it would cost to own. My husband is possibly losing his job before the end of the year. We want to take the lum...
Jeremy B.
Logistics and Structure of Multiple Non-serial LLCs for Rentals
I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
David Beardwood
I just got my real estate license... now what?
I just got my real estate license. How do I choose a good broker and what do I need to learn to be a good agent? I live in North San Diego County.
John Roeder
Is this a thing?
Hello guys and gals,
On my long commutes my mind wanders as I listen to BP podcasts and I stumbled upon and idea. However I have no idea if it's a thing or even possible. The idea below:
I purchase a house all cash f...
Denny Moody
Opportunity for creative land use in San Diego. Any ideas?
I recently learned my dad owns a lot in La Mesa, CA, a neighborhood about 15-20 minutes outside of downtown San Diego. He mentioned he wants to do something with it but doesn't know what.I'm sure if I put together a p...
Tolga H.
Upstate NY Flipping 101
Hello all,I am looking forward to starting my first flipping project. I am currently located in Central NY (upstate) near Syracuse. I allocated a 140K budget for my first flipping project. My first question is: Which ...
Ed B.
CC&R's conflict with city setback rules-which takes precedence?
I just ran into an interesting situation. I just got remodeling plans approved by the city, and they gave me a permit, but I was just notified that my plans are in violation of the CC&R's.CC&R's have a setbac...