Hi, my name is Oladodja (Hard to pronounce, I know!). You can call me Ash. I'm originally from Benin, a small country in West Africa. I'm a native french speaker. I'm a junior in college majoring in Electrical Enginee...

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

Other than creating an excel spreadsheet, does anyone use a detailed rent roll and expense sheet that easily creates a year end operating statement. Is there a cool app that I could access from my IPhone and/or home P...

Hi! I am 25 years old, since I was 9 my dad made me read the book Rich Dad, Poor Dad, and 1 year an a half ago I was transferred to USA from work, in that book he talks about financial freedom and real state, so  I re...

All, I have my tenant's drop off rent to my small business. The employees provide a receipt and i collect later... Well this evening a tenant stole back her rent. My daughter (20) was working the store this evening wh...

Hi everyone,

Several weeks ago I saw a house for sale in a local "MLS-type" of website that caught my attention. It was listed under price for the subdivision and it had been on the MLS for 40 days when house...

If so, what are some things that might trip up a newbie? What if I have found a REO and have a buyer in mind that is intending to use a hard money lender. Do those work too?

First time investor here.Working toward my acquiring my first deal.I don't have the money for down payment but step-dad said he would provide a loan for it at low interest (he said he is doing it more to help me out b...

Many people on Bigger Pockets love to hate on Dave Ramsey. I have been one of them in the past. I’ve listened to a number of clips/ shorts on YouTube of Dave Ramsey recently.
First, let me mention why I was put off b...

How to go about Subject To? I have an opportunity on a property from a family member but I would like to go subject to route. How Can I explain this to the seller? Pros/cons... ANY info is welcome and much appreciated!