Hey all! I'm not sure if I've come to a crossroads or a dead end in my real estate investing journey. My wife and I have been building our portfolio over the past few years via house hacking and we're at 17 units curr...
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...
Hi all,
I've just recently started looking into real estate investing and wanted to go ahead and start posting the deals I analyze. I’m currently not looking to buy this home (you’ll see why if you read) but I am loo...
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...
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...
Hi all. I have a deal I'm I have listed with the agent that brought it to me. Originally listed as a rather heavy rehab deal. I got the job done just a little over budget and the hold was longer than expected but o...
Hi, I've been looking into automated ways to accept checks. Brandon Turner mentioned Dwolla on a recent podcast. I've also looked at buildium. Another user mentioned cozy.co which seems ideal. It's free and includes...
Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...