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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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Hello again BG Bloggers! (I posted this earlier in another forum on accident!)
I am looking for anyone who has experience or a potential POC for someone who may know or has used cross-collateralization to negotiate a...
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Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
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Have been trying to do a refi with BNC - a lender from Zillow...While I thought things are going smooth, lender came and requested my ex's settlement statement...So he has a rental property where we took out the mortg...
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Every time someone calls me and says: hey, I am an OOS investor and want to BRRRR in Milwaukee, I cringe. An investor friendly agent is supposed to be excited and send them a list of deals, right? Or tell the truth??
...
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Hello everyone, I’m currently a junior in high school. I would like an asset amount of 100 million(not necessarily net worth) around my 50s-60s. I plan on starting to invest in RE ASAP! Most likely around 20-21 if not...
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Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...
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I recently got into a lengthy discussion on another thread about wholesalers and whether they bring any value to the real estate industry or not. I am interested to see what everyone's experience has been with wholesa...
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I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
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Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Investors and homeowners, let us know: What do you wish you would have known when you bought your first property?
By responding h...