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2 August 2015 | 3 replies
And then we got married and had a baby.Now I have the better job I was looking for, but taking on some student debt, adding my wife's previous debt to the equation, and having to find a better place to live put a serious dent in my investment plans.The house is renting and breaking even while we rent elsewhere for a slightly lower price, and we're making just enough income to save a little and not dig ourselves a hole, but we're not on the path to much growth right now, and we have no borrowing power.I'm looking to volunteer my time to help some established investors out and gain the real estate experience and skills I need to eventually land some profitable partnership deals despite my limited spending power.
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13 August 2015 | 166 replies
Therefore, how you did it was to use a bogus contract to gain the same position of an agent to facilitate a sale!
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4 August 2015 | 5 replies
I have no clue on how to gain one when first starting out, so I would love for some advice.
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3 August 2015 | 3 replies
There are several ways to gain education on the topic of flipping.
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5 August 2015 | 7 replies
In addition to the more flexible format of the IRA owned LLC, you also gain the asset protection for your IRA that the LLC affords.
3 August 2015 | 5 replies
Are your tired of Dodd-Frank, afraid of losing mortgage deductions worries about raising capital gains ,anti-flipping laws.Worried about the fed trying to deflate real estate bubbles.Our answer has arrived The Donald finally an investor friendly, no worries real estate guy can we can claim as our ownWhat do we think Bigger Pockets nation?
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4 August 2015 | 5 replies
My advice would be to try and team up with other investors to diversify your risk and gain experience through the partnership.
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3 August 2015 | 0 replies
I decided to think smart and big and see what opportunities I could gain from getting into the investment business.
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14 August 2015 | 1 reply
I'm hoping that bigger pockets may help me with my real estate ventures as well as my internship for school by meeting new people and gaining insight from them.
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3 August 2015 | 1 reply
A Master Lease is not a loan (as long as the master lease is not long term with a declining balance, thus a disguised lease), the net income to your IRA is not subject to debt financed income tax.NegativesTaxes: When you exercise your option to buy and simultaneously flip the building, you haven’t been in title long enough to qualify for a long-term capital gains tax treatment.