I'm looking at houses in Las Vegas that unless you pay cash, don't cash flow at all, and in most cases are a loss. So how are people making money with rentals in Vegas on 20-25% down financed properties? Appreciation ...
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...
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
BP, what's up? The title is pretty straightforward to my situation. I have $10,000. How can I turn this into $1M overnight? Thanks!Okay, I'm only joking. If you're still reading, I'm assuming you're patient enough to ...
I'm still seeing a lot of Landlords that don't realize the eviction moratorium includes Tenant requirements. If you have a tenant that is not paying due to the Eviction Moratorium, use this form to document the situat...
Hey all,
After thinking it over I decided to create a new thread.
I am a small time passive real estate investor who has ambitions to expand greatly, first to $20M and perhaps maybe more. i guess I will give a lit...