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9 September 2019 | 9 replies
Will you still keep each property listed individually on your schedule E?
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10 September 2019 | 25 replies
I won;t let anyone steer e
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30 September 2019 | 59 replies
Read these books:Rich Dad Poor DadRichest Man in BabylonThink And Grow RichMany people fail because they don't start with the fundamentals, challenging their view of the world (philosophy), so they give up and say this REI thing is "not working".The 10k Seed Capital is great; however, many here on BP started in debt of 50k or more and are now crushing it.
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11 September 2019 | 5 replies
To answer your fundamental question, you can buy as quickly as you can get financed.
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11 September 2019 | 4 replies
For you it might be another story, because like you said you ha e a partnership.
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11 September 2019 | 4 replies
@German E Franco thanks will do.
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27 September 2019 | 3 replies
@Joshua E.
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11 September 2019 | 0 replies
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $65,000
Cash invested: $6,670
Owner house hacking, so only one unit rented currently. Capital repairs made, ...
25 September 2019 | 27 replies
It also could be more if the CPA is doing some almost bookkeeping work like putting together your schedule E analyzing your rental expense and categorizing them versus you already having them summarized; deciphering what new improvements to capitalize versus expense and whatnot all takes time.
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13 September 2019 | 3 replies
@Forrest ShealyThe truth of it is, most of these A/E firms hire warm bodies, and the young engineers don't really know how to add value 'during construction'.