Good Evening everyone,We're looking at a property in central San Antonio, TX and we are on contract now in the option period.The property has a CAP rate of 9%. Cash flow / initial investment of : 13.86%I'm including i...

Hey guys! I have 2 questions:

1. Are you aware if I can deduct the following expenses:
-4 educational books (legal tax guide, how to successfully manage your properties, etc)
-office supplies: files, folders, paper c...

Any insights or strategies for financing major repairs or even updates for MFs? I'm a newbie so please don't eat me alive. Just wondering the best way to fund the work needed on a deal (outside of the mortgage) or ca...

Economic Update(Monday, May 3, 2021)

Here’s some fun facts. According to University of California Davis’ “Road Ecology Center,” Los Angeles traffic patterns changed dramatically during the pandemic. In March of 2...

I'm under contract on a SFH in South Florida, and the carport was converted to an extra room, which I think is fairly common.  I don't think the owner ever got a permit to do this addition.  Eventually I would like to...

There was a robbery at a local motel.  They are my main competition.  On every refridgerator I have a list of "Good" and "Bad" places to either go to or avoid.  Would you print a copy of this article with the name of ...

I want to move my business and business address out of my home office. I would like to rent shared office space where I can hang my business and professional licenses that also offers a shared assistant that will prov...

I called my county tax collector’s office to ask for the tax delinquency list, for the first time, but the lady said they do not keep a list. All she kept saying was they release a list in the paper in April. Has anyo...

Goodmorning Biggerpockets,*Note* I intend on consulting my actual attorney this week, but until I hear back my anxiety needs an answer.Basically I'm questioning if what I am doing is legal. It was the loan officers su...

Hey all,   I was wondering if anyone had experience with First Choice Loan www.firstchoice-loan.com out of Sacramento California? I filled out a very  vague "application" and was "approved" quickly which seems a littl...