I'm aware that I can straight-line depreciate my rental property over 27.5 years against rental income. Does anyone have experience depreciating against non-rental income (from my employer)? I've heard its an issue of...
Last week, I had a call that I was totally unprepared for. I didn’t know the details about a project we’re working on, and it showed.
Lesson learned: Always prepare thoroughly before each call and be ready for unexpe...
BP Team, I've had an Alaska cabin project I have been working on for years that I finally decided to get er done. I used 0% interest credit card promo to finance $20k utilities to the property and it still needs 10K ...
So an investor in my local area suggested attending this below 3 day seminar in Vegas. http://themastersofcashflow.com/ - The Masters of Cash Flow | Oct. 2-4, 2015Honestly alarm bells starting going off immediately. ...
Ok I need a little help here. I am sure the answer is really simple but at this point I "can’t see the forest through the trees" lol. BTW I am doing this to start off wholesaling until I generate enough capital to pur...
Bakersfield is known for being one of the cheaper mid-sized cities to buy in, in California. However, prices continue to rise, even as the lack of water is causing surrounding farmland to be fallowed, and the price o...
Lately I sent over 200 letters to pre foreclosure home owners without a single phone call back. I know the market have changed so I am looking to find out what new tactic that really work lately. I am mostly looking t...
Hey everyone
What is everyone’s feeling on using a property management app like Rentredi?
I religiously use the ARV x 70% - repairs formula for any flip that I look into. Completed one last fall and made money. I 've only been looking at cash buys and under 100k houses up to this point.
Because of my wif...
OK, here are the numbers for a SFR I purchased prior to knowing about BP. Numbers are bad, really really bad, but I'm wiser now, a lot wiser thanks to BP, and my next deal will be much better than this one was.
Pur...