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Hey Biggerpockets,I've put my first fourplex under contract for about $95k earlier this week and had a home inspector come out. He seemed extremely knowledgeable, thorough and provided great service.He'll be sending m...
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I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...
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Landlords, do you rent to people with recent bankruptcies? Normally, I would not consider it. But, thinking about it, they have serious issues in managing finances, but I think they can not refile for a while, so in...
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I have a single family rental home I would like to sell. I would like to use the proceeds as a down payment for commercial real estate (raw land). Can I do this through a 1031 exchange?
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My question is for a single family residence do I need the deed in my name to gain the advantage of depreciation on my taxes? As I understand it in Missouri one can depreciate a SFR on their own tax return even if the...
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Several people have been asking me what the sub-prime loans that are going bad will mean to guys like us. It seems to me that if the lenders have to take back these properties it will simply push prices down and the ...
Hi, This will be my first post so excuse any crude explanations or terms. I'm in the process of starting my real estate investing career and I am looking to begin with a multi-family home (triplex or quadruplex) solel...
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Are you planning on attending the Louisville Show January 18-19-20 in Louisville, Kentucky? If not, why not?The Louisville Show is open to all community owners and retailers for free and is the largest industry gather...
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It looks like the hotel industry would not fully recover for a long time, so what are your thoughts about converting hotels to multifamily? It seems there could be an attractive entry point in this environment. Concen...
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I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...