The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 100%, a $1 million gas station acquisition could still lead to $200K+ in year 1 deductions depending on the specifics of your deal.

Eventually I found out that there was a SWAT team raid about 7 years ago which included tear gas canisters. 

I think the weight of Pro's/Con's firmly put's electric units as the best unit to go with as the con's are of minimal weight vs con's of wood/gas log's being of significant weight. 

Hi all, My eviction attorney told me something interesting: that if I send a tenant a lease renewal with a rent increase, the renewal must also include a notice to vacate — otherwise it’s not legally valid and is basically worthless.The reason I’m confused is because the official lease software I use (which is supposed to generate legally compliant leases) does not include any notice to vacate when preparing a rent increase renewal.

Vacancy Rates: how is an owner supposed to validate whatever the PMC claims?

After reviewing, we discovered a large portion of the work was actually included in the original scope.Here’s how we resolved it:Compared the CO against the signed contract scope.Negotiated the CO down to ~$7,500 (actual extras) instead of $18,000.Updated budget tracking to make sure no future “double dips” occurred.How do you push back or validate mid-project cost increases?

We had a property that had a new gas hot water heater installed 6 months before we bought it . . . great right? 

He asked me to check something on my gas meter - but that's weird because I don't have gas on the house, its all electrical.

Here’s something you may not know, you can actually 1031 into mineral rights too. Since minerals are deeded real property, they qualify as “like-kind.”
That opens up a different lane for investors  who are tired of m...

Your journey from engineering and oil & gas to building a MASSIVE real estate portfolio is inspiring—especially how you help others grow their wealth while scaling your own portfolio.I’m excited to be part of this community and would love to learn from your experiences in real estate investing!