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I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...
I am trying to run through the whole process of wholesaling but need a clear answer since I keep finding different ones.Bianca is about to lose her house to the bank. She reaches out to Tom for a potential buy.Tom res...
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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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In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...
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I'm trying to run the numbers for a beach house in South Carolina and am having trouble figuring out the expected income. The house is 7 bed 4 bath in the Myrtle Beach area, but the house has been split up into a tri...
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It's nice to see that some of our Constitutional Rights have been restored since W left office...
Here's a great example...
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I am trying to break into real estate investing with my first purchase. I live in San Diego, California, and buying something to rent it out doesn't seem like a cash positive or even break even option. If I live in it...
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Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
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This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...