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7 February 2025 | 6 replies
What has a lot of folks spooked is that simply doing a 1031 exchange is an attempt to avoid tax.
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8 February 2025 | 8 replies
$40,000 x 25%(assuming a 25% interest rate on credit cards) = $10,000This is more than the annual cash-flow that you are getting from the rental.I would look at a way to paying off the credit card debt asap.Look to see if you can take a HELOC on the investment property(likely difficult).If you can't you may want to consider selling the proprety.You will also feel a lot of relief of not having credit card debt hanging over you.What is the interest rate on the car loan?
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31 January 2025 | 5 replies
Hi Willie, I think it would be best to wait until you have more capital to put down for a multi-family property.
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21 January 2025 | 74 replies
If you pay a lot you get the cover and bifold..
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31 January 2025 | 7 replies
There are a lot of great opportunities for investors right now and many coming in 2025.
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6 February 2025 | 4 replies
do you know how to read building plans or permits?
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9 February 2025 | 15 replies
That means that you will need to get those particular ducks in a row before you get rolling.Also, sites like Taskrabbit.com has a lot of folks on there that can help get things put together, setup the spaces etc.
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20 January 2025 | 11 replies
Determining whether to do a cost segregation study or not has a lot variables.
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14 February 2025 | 4 replies
A lot of BP Pro Members are landlords so they need a software to manage those properties, so the RentRedi Perk saves members around $360 in software costs.
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12 February 2025 | 20 replies
Thank you everyone.WIiling to share more details if people are interested!