I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
This is my first post here. I'm currently learning everything that I can to start accumulating my own wealth in RE investment, however this post isn't about me.
Let's say that "John" (age 63) has $1,400,000 ...
Hi all, just started listening to the podcasts & decided to join the site today. Looks like there's a ton of great information here. My name is Steven Darrow and I'm a relative newbie to real estate investing -...
I know this has been discussed before, but I'm just looking for some experience-based weigh ins on this.
SFH PRO
one tenanant, longer term. Will tend to take care of the property better.
lease option
appreciation
...
What’s the easiest way to become a millionaire? Buy $1M in real estate and use other people’s money (“OPM”) to pay it off over the next 20 years.
Prior to November 2017, my real estate portfolio consisted of one dup...
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
Hello BP Community! My name is Kalvin and I am from the Twin Cities area of Minnesota. I have recently just started getting my feet wet in this industry. I am taking the time to research the industry using Bigger Pock...
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...
Hello BP Community!I am a newbie with zero experience. I work full time, but I want to become involved in real estate "on the side" to gain passive cash flow. I have been slowly reading through the guides on the BP ...
Hi everyone, new here and am really looking forward to hopefully investing in RE but want to make sure it could really happen.
Here's the deal, I moved to Green Bay about 3 years ago but have been an hvac mechanic f...