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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
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Hi guys! how many applicants per unit? Sometimes I’m getting 20-25 people paying and filling out applications with the fees, how about you?When does In become unethical?
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Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
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http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
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This may be a really naive question but I haven't heard anyone answer this in the podcasts or the books I've read...
Why can't wholesalers just say they have a buyer and will be reassigning?
Wouldn't th...
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Well I'm old now :( turned 30 today, As I look back over the past 5 years I am grateful for the success that has happened in my life and wanted to share a word of encouragement for those who are just getting started...
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When times are hard and you need money IMMEDIATELY like right at that very moment and you have no where and no one else to turn to get that money, where do you get money to get you out of a bad situation? Wholesali...
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Hey BP! I have an interesting and important dilemma in real estate that I don't feel gets touched on enough. It's something I've been struggling with for years, despite the tremendous success I've had over the last fe...
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https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...