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What do you think are the quickest and most efficient ways for investors to double or triple net worth?
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I contacted one of those WE BUY HOUSES companies one day. I asked if they buy properties from investors who have properties under contract. They said no. They only buy directly from the private sellers. I was thinking...
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Hello I have a potential customer that has been approved for a Short sale on his current home. (he is upside down big time- owes $220K worth $105 ) and has $15K to put down on a house. I am looking into purchasing a...
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I have been getting private messages daily about the issues with homes in Indianapolis they are well documented on the threads on BP.however I did want to point out based on my experience of owning literally 300 plus ...
I'm curious what people think. I'm sure it depends on the money partner split, HML costs, etc. I think, generally speaking, you are going to end up putting less money in your pocket with a money partner than if you ...
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How do you guys react when someone you know very well (fiend, or relative or someone at work) complains about money
(particularly by saying "We're in debt, but who isn't? Everyone lives like this, we're no different...
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Hi all,I am considering doing a 1031 Exchange of my Duplex Rental Property which has been straight line depreciated for 25 years. with an existing loan of about $250K.1. If I understand correctly, the depreciation cap...
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As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...
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What was the first you did when you started investing in real estate? Mine was to start an LLC. My training and experience as an attorney told me that protection against liabilities is a very high priority. Seven ye...
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Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...