Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
The only real advantage to using an FHA loan is to offer only 3.5% down payment, which in my opinion is barely justified as an advantage.
John R Bongiovanni
Alternatives to full security deposit
6 February 2025 | 11 replies
I saw zero advantage (perhaps negative) in Furnished Finder being in the middle.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
I wouldn’t yet fit into the ultra wealthy category.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
30 January 2025 | 7 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Bear in mind, you're not investing in a retirement account to take advantage of tax deductions, as there are no taxes.
Martin Phinney
Moving Out of State - Should I Sell or Rent my House?
28 January 2025 | 9 replies
So, in your considerations, I would park right there for a bit and determine how this would look for you.Since you have about 2.5 years to think about it before you would need to spring into action to take advantage of the rollover for tax advantages, maybe you try on a rental and see how it fits.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Cathy Ries
Is it worth tax planning before acquiring rentals?
3 February 2025 | 8 replies
Consulting a tax professional now can help structure ownership and financing efficiently, ensuring you take full advantage of deductions, depreciation, and potential tax-saving strategies like 1031 exchanges in the future.This post does not create a CPA-Client relationship.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
What are the advantageous of wholesaler vs Listing Agent?