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...
Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
BP,I live in the San Diego area and I'm looking to invest in cash-flowing rental properties. However, in San Diego, it seems nearly impossible to find a property that will cash-flow without a huge percentage down, and...
Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
Hi,
My name is Kumar from Northern California, employed full time. Have spent several months trying to educate myself by reading most of the articles on this website.
I am a regular visitor to this website, this foru...
Howdy Folks!I'm new to the BP community and I'm excited to be here! I'm a real estate fanatic. But now that I'm middle-aged (40), I'd like to simplify life. San Francisco has had a great rocket ship like run and I'm ...
Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
I have been told by a few respected individuals in the community that I am over analyzing the criteria for my list and that I just need to get started. I do agree that analysis paralysis is preventing me from pull...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
In 2014-2015, more than 170 investors purchased 2 and 3 bedroom condo units from Growth Equity Group. This company specializes in investment properties in a self-directed IRA. More than 85% of their sales are bought i...