If I buy furniture and furnishings for an AirBnB before I put the property in service or advertise it on the AirBnB site, can I still deduct the furniture and furnishing in the first year? Or do I have to capitalize t...
Hello, I'm Ray Hackney. I'm a Real estate investor in East Nashville Tennessee. This year I've done several assignment of contracts. Two double closes, two fix and flips while acquiring 3 duplexes and 3 single family ...
I've been back in Cleveland for about a month after spending 12 years in Chicago. I'm back here for a variety of reasons but a big one is to invest in small multi. What has me confused is that any "gentrification" hap...
Hi, I am brand new to this website. I have however been listening to the podcast for a few weeks now and I read a couple of books that were recommended and am now starting to build up some knowledge. I bought my first...
Hello,So I was door knocking a neighborhood looking for traditional sellers and spoke with a woman who pointed me to a home down the street that she believed was in bad shape and had specific knowledge of the seller b...
Owned a condo since 2007, depreciation set in after the housing crash, it took me 8 years to break even on my balance. I now have 6.8 years left as the contractual remaining term. The recovery is extremely slow, if no...
I find my self constantly on the internet looking for the next "boom city" or a city that is in recovery on the rise or a city in a seller's market. I live, born and raised; in a small town of 10,000 people in Kansas....
I was inspired to write this because of a webinar I was watching of a national RE "guru" who was trying to convince me what he had to offer was the newest secret to real estate investing. My common practice now is I'l...
I have a 1 bedroom apartment in Worcester, Massachusetts and they tenants say they are moving out by the end of September. They actually have me notice around August 18th through a text message. They let me show the a...
Hey BP - Recently responded this to an inbox asking my opinion of investing in Detroit, Mi. What do you think about the future of real estate in Detroit? (written a little theoretical - would love some data to prove/...