Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Bryan P.
Overleveraging...
Can anybody give some good real-life examples of people (or yourselves) that have overleveraged themselves in buy-hold real estate? What did it look like? What happened? What were the consequences?
Thanks!
William Montgomery
Wholesaling Contracts in Utah
Hi guys,I'm really interested in wholesaling properties in Utah (SLC and Utah counties). I am new to most of this and am trying to understand the process better. According to my understanding of wholesaling in UT: Whe...
Stephon Blackwell
"Flip This House" question
Without exception, every episode of "Flip This House" that I've seen has a portion of the show in which almost immediately after purchasing the house and beginning the rehab, they uncover some sort of problem that the...
Dan M.
Acquiring Rentals in an Appreciating Market
In a market that has quickly appreciated over the past three years, I am looking to obtain cash flow properties. If I run the numbers on an income-property and the cash flow is acceptable as well as the long term ROI,...
Sigmund VanDamme
How do you handle tenants asking for end lease early?
I have a tenant who is about three months into a 12 month lease in his asked me what is options are if he were to be able to get out earlier. Him and his partner are looking at buying a house.How are you guys recomme...
Andrew Chime
How are investors feeling about the Texas STR market?
I am very interested in Austin, TX specifically, seems like Agents are optimistic about the future of the market. I want to hear more about what INVESTORS think about STR, LTR, or possible Prefab homes?Any suggestions...
Jason Riddle
Renovating a Property
Against everyone's advice, I decided to do some renovations in San Antonio while living out-of-state in San Francisco. Now that I have some battle scars from this good learning experience, I have some questions
1) As...
Jorge Vazquez
What does it mean to buy the higher end of the low end?
Over the past 20 years, I have developed a strategic approach to investing in the higher end of low-income neighborhoods. This approach aims to maximize value while minimizing the risks involved. To achieve this, I fo...
Nolan Mahoney
House Hacking Rentals Wont Cash Flow
Hello, I am looking to start my first house hack starting in the northwest suburbs of Chicago, my own back yard in march and i want a 2 - 4 Unit property. i know i may not be Cash Flow positive the first year i start ...