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2 September 2016 | 18 replies
I am REI newbie trying to gain knowledge and save money in efforts to reach my RE goals house hacking 2 flats.The BP community is very friendly and informative.
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3 September 2016 | 33 replies
The ROBS 401k will allow you to use all of your retirement funds to invest in your own real estate operating company and draw a fair salary.
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26 August 2016 | 6 replies
Good as it looks, I reckon the main reason they're not more popular is that even if they'd built a traditional home on the same site, costing $100k more, it may easily have resulted in a justified $899k asking price ie. the same profit as doing it the container-way.Makes more sense for you if you're also the end buyer/occupier, saving a genuine $100k!
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28 August 2016 | 10 replies
After all was said and done it showed me walking away with $40,107.50 (my target goal was $40,000 profit).The final numbers were:Purchase $91,500.00Renovations $73,587.97Sold Price $250,000.00After closing costs, give back and all in the profit $67,571.60So the largest area of savings was in regards to AC.
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26 August 2016 | 2 replies
I know this question has been asked before, but I'm hoping to get specifics on how I can compare numbers between 1.) purchasing a primary residence VS 2.) saving for my next buy & hold investment.Background: I live near the beach in Los Angeles.
29 August 2016 | 8 replies
You'll also have an advantage because your wife can save you some money in agent commissions and use that to negotiate when you go to purchase your investment properties.
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25 August 2016 | 3 replies
I have never owned a Real Estate.Can I start my carrier as an investor & start making RE deals and do not use my first time home buyer opportunity i.e low interst rate for later ?I think I can because I'll be doin...
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26 August 2016 | 16 replies
It does put you in a position of looking to purchase in a sellers market but if you factor in the taxes savings you're still getting a deal on your replacements.
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26 August 2016 | 5 replies
Start saving for your down payment!!
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28 August 2016 | 12 replies
Oops, 203K loan not 401K (can't get my mind off retiring apparently).