According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...

Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!

Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues? 
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...

I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...

Hello everyone, I have a family friend that is about to go to college and is very interested in real estate investing and says that will be his future. He asked me what he should major in and I told him business admin...

Hi everyone, my name is Michael I'm 14 years old and I live in westchester county in New York. I want to start some sort of llc or other corporations so I can sign contracts and invest in real estate before I'm 18, wh...

One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...

The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...

I was asked deep in a buried thread to answer a couple questions about my reply in a recent post. here is the start.
I post a lot about parallel programs. There is a reason I do that. It is the best of both worlds...