Kyle Affronti
IRS 1274 Due Upfront on Hard Money Loan
I have a friend who has been in talks with a hard money lender. On a $400,000 Hard Money Loan.He already received a PPI of $12,000 and now he stated now that my friend needs to pay 6% of the loan which is a 1274 Tax p...
Robert Tinker
Multifamily in Austin Tx
So far all duplexes and 4 plexes I've come across in Austin are a no go when I run the numbers using Bigger Pockets calculators. Usually several hundred negative. Any thoughts out there. Looks like one would need a hu...
Mike K
Advice?
I'm going come right out and say it like it is...
I'm going to be 18 in two weeks, I have $4,000 saved away, I want to start to invest in Real Estate. I was thinking about buying vacant land and sitting on it for abo...
Rich Weese
This 2 and 1/2 minutes will make your day.
http://www.youtube.com/watch?v=Jg0pDPK56Ys
I put this in innovative strategies because this lady has it ALL figured out and you'll love you gives her the money. I guarantee, you'll want to listen and send this to oth...
Cortez Wilson
Best Way to End Relationship With Contractor
Hello,I have an investment property 3 hours away from me that’s getting rehabbed. My relationship with my contractor is going sour and I thinks it’s best that I move in a different direction. I paid him 25% in advan...
David Sanford
How does Repeat in BRRRR work?
Hey guys. I'm currently in the process of closing on a house I plan to flip. Purchase price of $80,000. Needs about $20,000 in renovation and then will sell for approx $135,000. How can I roll over the profit from thi...
Hubert Ato-Bakari Chase
Rental property issues
Greetings BP,My tenant text me to say that the stove was smoking. One of the jets was smoking. She called the fire dp who shut off the gas to the stove until PSEG comes to check it out. My question is, if I need to ge...
Joel Owens
Detroit on the brink of bankrupty??
Just read this article. I knew Detroit wasn't doing well but this is really bad.
It would seem the city part is very unstable and not a place to invest with all the uncertainty surrounding it.
Anxiety in Detroit Ove...
Raza Rizvi
Purchasing a 4 unit property that needs tons of work - Financing Options??
Hello,
I am purchasing a 4 unit Investment property in NJ that needs tons of work, new floors, appliances, fixtures, ROOF, tiles etc. It is a short sale and I'm getting it for $70k. I can either pay cash for the prop...
Jennifer Jackson
REIA Fees
I am interested in joining my local Real Estate Investor Association (Austin, TX) but fees are $100. Is this a scam or a standard practice?