I just purchased a 52 Unit apartment complex for $1,975,000.  I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

So yesterday I put in my two weeks. Now what? I don't want to have to find another job, I made a promise to myself that after I left my current job I would not go to another 9to5 and I would not go work for someone el...

After years of interest in real estate, I found BiggerPockets in February of this year... and today, I closed on my first 4-family rental property. Here are the numbers and some photos... plus four things that helped ...

Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...

My experience:
I've done a lot of mailings in the past to owners of vacant properties that I've found while driving neighborhoods and for out of town owners (compiled from county appraisal data). The mailing sizes w...

I live in Washington state, about 2 hours west of Seattle. I have about $1,000 and some books I received at a Rich Dad 3-day workshop. I don't have a job, I separated from the military in March and have been getting p...