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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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Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated. I moved to North Vir...
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Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
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What cities do you all consider the best long term investments? I've had my eyes on western suburbs of Detroit and suburbs of Dallas TX like Fort Worth.
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I am currently 20 years old and I live in Central Oklahoma with no money or income to invest. I work at a sandwich shop and make $400/Month. I have no credit and all of my income is allocated towards my bills as I am ...
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Has anyone on this forum had experience with this company? Paradigm Life claims to use Whole Life Insurance Policies as a financial tool and since i trust this community, I am reaching out to get some referrals.
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What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
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I'll kick off the obligatory "what are you going to do better" post for 2015 . . . so, how are you planning on making this year a more successful one than last year?