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...
Hello BiggerPockets!I started investing in real estate early this year. So far I've managed to purchase one SFH for $385,000 15 miles south of downtown LA and a 3-unit Multi-Family property about 2 hours east of LA. I...
I am here trying to get started on the path of real estate and am finding that everyone I talk to (minus people on BP) are almost trying to push me away from the real estate world. Comments like "being a landlord suck...
Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...
Good evening fellows, I'm currently in the process of buying my second property. I am using a VA loan and I am currently located in Virginia beach with the following search criteria: SFR 4/2 with a backyard ( garage i...
I was just going through some of the construction companies in Indianapolis, for my own related work purposes, clicking on links and such. I found a lot of the links go nowhere and or the phone numbers are no longer s...
Hello,
My name is Kristopher. I’m 22 and live in Miami beach, FL with my parents and girlfriend. I am a college student studying Finance, and I also have a part time job at Bank of America. My parents have ow...
...Dumb.
[Sorry to be mean. My comments as an owner -- rant ahead]
Seriously. How much are you guys paying for your "lists". How many of you think buying a list of: owners that got a red tag. owners that got an...
One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...