Mayank Jain
What happens after the period of cost segregation study completes?
Hey folks,
I have a fun question on cost segregation study, around which I am trying to build a house hack thesis.
ScenarioLets say, we have a $1M property ==> Building cost : $800k, land cost : $200kNow we do a...
Johnny Cooke
Self storage Contractor units
I live in Clinton nc, smallish town. We have several self storage locations ( most full from online search). What the community's thoughts on contractor units? Say 20x30 10 foot roll up door and a walk through door? T...
Chris Gormley
Hard and private money on BP?
Hey all,I’m currently trying to close on my 5th flip. On my first 2 flips, I’ve used my own down payment money combined with leveraging hard money for the rest. The next three has been private money bringing the down ...
Brian Wall
Fractional Notes?
Hi All,
I have two investors that are willing to invest in a rehab project that I have.
They are willing to each put up half the money I need. However, neither want to be in 2nd position. (can you blame them?).
I h...
Khari F.
Wholesaling: Sell the LLC or Sell the contract?
Which do you prefer and which is simpler? I assume selling LLC is more complex for newbie since you have to structure LLC as manager managed and requires Manager Resignation and Appointment of Manager documents. or is...
Chris Seveney
Happy Thanksgiving - Lets Stir The Pot With My Unpopular Opinion
Lets get right to it. Real Estate should not be depreciated.
Depreciation is one of the most beloved tools in real estate investing, but let’s take a moment to challenge the norm: Should real estate even qualify for ...
Tyler Casey
Dollar Cost Averaging and Diversification in Real Estate
Anyone who has studied or done much investing at all has heard of the principles of dollar cost averaging and diversification. These are not flashy principles or get rich quick schemes. These are methods financial p...
Austin Vanderweide
Brrrr advice for 23 year old
Looking for tips on brrrr. I get the concept. Have done it twice myself. Looking for financing strategies, and ways to save money on deals. One I stumbled across today was using a line of credit instead of a mortgage ...
David M.
Help With Understanding Capital Expenditure Depreciation
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
Thomas Smith
BRRRR profit split !!
Hello BP Fam !! I had a question about splitting profits on a BRRRR. My plan is to retain ownership of the property after the refinance and split the profits. If anyone has worked with 2 or more entities on a BRRRR I ...