Brian Beadle
BP Poll: Are you in it for the cash-flow, appreciation or both?
17 October 2014 | 63 replies
I feel most newbies (such as me) are too focused on the monthly cash-flow, AKA the monthly number that allows us to quit our beloved day jobs, while the true wealth is generated slowly from the leveraged investment appreciation.
Damien C.
Loans and partnerships
15 October 2014 | 16 replies
Jesse, you know what you're asking, I'm not so sure.Renting to an affiliate or subsidiary business entity is departmentalized accounting and is fine, renting back to a stockholder or another individual owner, you're mixing aspects of commercial operations with consumer use, this has arm's length issues.
Sam Alpha
How would YOU tackle this foreclosure deal?
10 April 2015 | 78 replies
Interference with banking operations will be what the bank says it is, it won't be what an investor thinks or some guru, it will be indefensible as well if you can't do what you agreed to in that contract.There is also the issue with a seller, they will love you in the beginning while things go well, as soon as the deal falls through and their home hits the steps, you won't be loved anymore.
Tyler Haskell
Is my purchase agreement contingency okay?
22 January 2015 | 4 replies
If so, of course the inspection is for informational purposes, that's silly, the 5K limit is a concern, that should be left to your discretion, I'd not go there, I want it inspected any significant matter gives me the right to drop the deal.If it isn't a cash offer and you are financing, the lender's requirements will trump anything that seller adds, if you don't have the funds to repair and the reserves they require, they can require it repaired of they pull the loan rug out and you're not at fault.Don't assume anything about contributions here on BP, being a great person on the internet, having a "good" reputation here is no excuse not to do your due diligence, just because someone may be loved and admired doesn't mean they know what they are doing, in fact, might be a good reason to look closer.
Val Csontos
IRS says: No Capital Gains Tax for You if you sell your section 8 rentals!
20 January 2020 | 9 replies
Therefore, no ordinary income because of additional depreciationbefore 1976 will result from a disposition of residential rental property.Page 29 of 41 Fileid: … tions/P544/2018/A/XML/Cycle04/source 13:46 - 28-Feb-2019The type and rule above prints on all proofs including departmental reproduction proofs.
Gerd Conner
New Guy From Texas
8 February 2015 | 7 replies
My beloved and I found a real estate investing group in Houston that impressed us (not mentioning any names, LOL!)
Carollee Fleming
Spouse’s Role in Your Investment Journey
15 February 2021 | 5 replies
She is good with feelings but ignores logic too much.She goes over the damage I cause when I explain to people why it was seriously stupid what they did (very kindly though) and soothes things when I am unhappy with performance and she makes sure my team doesn't have permanent mental damage and trauma after I let them have it.Me.. it is better to be feared than loved.She... it is better to be loved than fearedTogether though...
Jonathan Mooney
Looking for reputable PM in Fort Worth
7 September 2022 | 6 replies
Some good questions to ask would be: Are you departmentalized?
Nathaniel Tant
First rental property
13 April 2021 | 11 replies
This is because when you sell your primary residence after living in it for two years, our beloved Uncle Sam, within some limits, DOES NOT ASK YOU TO PAY A DIME IN CAPITAL GAINS INTEREST ON YOUR GAIN.
Crystal Shi
My tenants trim my fig tree to only one 1/4 if its size
18 April 2021 | 2 replies
My tenants recently moved out and I found my beloved fig tree(about 20 years old) was topped and cut to its trunk.it is alive and looks miserable. my previously tenant also works for me as the property’s gardener( I paid them $70 a month).