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I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
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I'm getting ready to purchase my second SFH rental in a booming Texas town full of new industry. This property is on the same street as my other SFH. Looking at the numbers, here's why I disregarded the 1% rule when m...
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Hi,Are laws cracking down on Airbnb? I just heard on a BiggerPocket podcast that someone was killing it Airbnb. I got excited so I decided to look into it. Everything looked great in my area, Southern California, for ...
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Where do I begin? This forum is massive and a bit confusing. I have no idea where to begin in RE investing, can somebody point me in a direction where I can start reading?
I have owned multiple businesses so that are...
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Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
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Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
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What's up everyone,I'm a recent home buyer/investor located in Jersey City, NJ. A few months ago, I closed on a condo in the Heights neighborhood (after going through a brutal sellers market), and am currently in the ...