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More than once someone has written something to the effect "I have plenty of cash but no income on my tax return." Usually in the context of trying to get a loan. I do understand deducting expenses, depreciation, an...
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I just completed re-habbing my upper unit in my duplex. Turned out really nice. Most who came to look at it said it's the nicest they've seen. Hence it rented in 4 days. I do just about everything myself, so I save a ...
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You get a phone call from an out of state attorney who informs you that a long lost relative has passed away. You are the closest living relative and you have inherited $10,000,000.00 USD.What is your long term strate...
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Hi there!I bought my first duplex and have a great potential tenant who loved the place. I think she would stay several years as she is an older woman who is only needing to move because her current landlord wants to ...
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I've liked reading other threads posted by people getting started with Direct Mail so I figured others must enjoy it also. I started initially about 4 months ago with the plan to buy rentals and start building passiv...
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Thought some of us could learn from others mistakes here. Are you all willing to cop to your mistakes? Let us learn from your small misfortunes.
So: What was your biggest mistake investing?
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Hi- Living in San Diego, I've decided that I want to pursue a portfolio of rentals out of state. I'm mainly seeking supplemental cash flow so multi-unit properties seem the most obvious to me, but open to other sugge...
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I understand that finding the "perfect" buy & hold property is rare. I understand the concept of analysis paralysis. I even have a quote sitting on my desk right now that says "Every successful man I have heard of...