Hi Guys,
I just bought the book Real Book of Real Estate by Robert Kiyosaki. I cant seem to find any reviews on this book. Has anyone read it? What are your thoughts on this book or this author? It seems like in ...
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
I am going to start an eviction this Monday, but I have a few questions: - I sent the 5-day notice to pay or quit last Monday, but I did not sign it. Can this be an issue?- I already completed all my forms (eviction p...
I have an interesting situation I need help with! I have a house I want to purchase, I've talked to the seller who just wants to get it off their hands. I suggested this- I pay them $1,000 per month for the home, and ...
Hello,New on here, awesome resource this is. I'm in Buffalo, NY. Lately there have been a couple for sale by owner companies popping up. That they market the house for sale by owner but "the owner" sells it. If an age...
Good Morning BP,Can anyone help me understand what happened at closing based off the Closing Cost Details and Summaries of Transactions?Closing estimated came to $1783. But ending of being $4599.12. Can you please exp...
Hey BP,I'm a software developer of 5+ years but have no experience in Real Estate. I have always been fascinated with investing. This year I began saving to finally take the plunge and started doing my research a coup...
I inherited a tenant whose lease recently ended. She left the place quite a mess, but clean for “her standards” as I had gotten several complaints from the City/neighbors regarding her lack of cleanliness. I sent an i...
I ask my CPA if they have a strategy for cost segregation, their reply was no. I asked if they have a strategy for step down depreciation, their reply was no. As a r/e investor would it be better to find a CPA who's a...