William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
5 March 2024 | 34 replies
Just make sure that your balance is high enough to preserve equity should the market drop.
Desmond Haylett
Best Marketing Strategy to Locate Serious Buyers (Investors)???
5 March 2024 | 5 replies
Hey @Desmond Haylett, Brighton Beach is in high demand BUT for the right price just like in any other area.
Katlynn Teague
Rental Interest in 2024
5 March 2024 | 0 replies
Good Morning BP,Rental Investors,There has been a lot of talk going around that rental interest is going to skyrocket due to multiple factors including high interest rates, the income relief program ending, and many foreclosures.Have you seen any changes in your properties?
Adam Berlinberg
Guidance Starting Out
5 March 2024 | 11 replies
What tax benefits might you receive that could potentially offset some of your tax burden with such high income?
Joshua Miller
Why I See Opportunity in STL
5 March 2024 | 3 replies
Louis as a high-potential market.
Chris Seveney
Daily Dose of Ponzi Schemes
5 March 2024 | 6 replies
And most are not ponzi schemes.Per the SEC and FINRA, some typical signs of a Ponzi scheme are promises of outsized returns (which is necessary to have a Ponzi scheme function since it needs a constant flow of new investors to avoid collapse), promises of impossible things like guaranteed returns and/or failure to disclose the true risk of an investment (to make the claimed high returns seem more plausible), etc.
Andris Linauts
Richmond VA 1% Rule?
4 March 2024 | 11 replies
A varied and reliable renter pool may be drawn to areas that are close to amenities, job hubs, and educational institutions.Keep in mind that the 1% rule is only a recommendation, and it's crucial to take the whole investment picture into account, taking into account factors like property quality, location, and growth potential.
Duarte Marques
Buying a turnkey duplex for section 8?
4 March 2024 | 23 replies
In most cases quality PMs wont do super low level areas, leaving incompetent bottom feeders.
Kay Li
Real Estate Friendly Accountant in Boston, MA
3 March 2024 | 7 replies
Hey @Kay Li, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.