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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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I'm new to investment but spending a lot of time on market and deal analysis. I am ready to buy but so far - even in markets where you can still pick a home up in an appreciating market for $250K - I am struggling to ...
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Just trying to do this whole thing making less than $50,000 in my day job. I cant find realtors that want to work with me because i can only buy something super cheap. Nothing to buy within 20min. of where i live. ...
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I received this email today. Seems like a worthwhile protest to join. I know more than one investor who received cease and desist letters from these clowns, all because they were sending letters and/or post cards that...
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Hello BiggerPocketeers!Looking to buy properties OOS and am wondering whether or not to use a "TurnKey" company. My thoughts are either to use one, and let them do most everything, a "One Stop Shop" so to speak (Obvio...
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Hi All, so I recently purchased a house from a wholesaler as a flip project. The house is located in Effort, PA (Poconos area). It is complete now and was listed for sale on 10/01 for $259,900 which seemed about right...
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Good morning! My boyfriend and I are going into Real Estate together and we started wholesaling a few months ago, but we are struggling to make much progress... We did a 3 month program that would guide us along the p...
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Does anyone have experience using their 401k to invest in rental properties? I understand the basics of the process but was hoping for some more personal insight! Comment with the good, the bad and the ugly. I’m curio...
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Hello!
So I live in South Florida, which needless to say has had an insane growth in real estate price.
The prices are prompting me to look elsewhere to purchase my first rental property. I don't mind taking a r...