Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...
Good Morning All,Thank you for taking the time to read my post. I have recently paid off my house and become debt free. I am currently hustling to save as much money as I can. I would like to get a few rentals, but gi...
Actually started this venture about 3 years ago. I might get some activities out of time sequence. Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...
If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?
Real estate is sexy… most of the time. But is that really what makes it profitable? On today’s show, we sit down with Charles Roberts, an investor and agent from the Denver market. He explains that the secret to succe...
My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...
Readers Digest version: tightening requirements but making less because I'm scared of getting "rona-scammed.I recently sold a property and 1031'd into two B+ class properties instead of the typical C class property th...