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I have realized I really do hate this website. Let me explain.I am brand spanking new and just learning at this point. I haven't been able, due to family situations, to truly do more than just learn. (and I am gettin...
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Hi all, I’m new to BP and am looking for some advice investing in multi family properties in the Hudson Valley NY. I have cash to invest but I could burn through $200k fast in 25% down payments so the Brrrr concept wo...
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Here goes...
Approx 3 years ago I really dove into the realesate business. Since then I have aquired 7 houses and 2 plots of land. Have all the houses up and running, and have 2 approvals on my sub divisions. All ...
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
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This is such a great message board...it's so nice to see so many New Investors soaking up as much knowledge as they can. I've made it a goal of mine to help the many new "Wannabe Investors" quickly become investors. ...
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I have a goal of paying off at least one commercial (high hassle) mortgage and 2 higher rate residential mortgages this year, in 2017.So far - the commercial mortgage has been refinanced with a $61k cash-out, no point...
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The obvious answer is zero - it's a suicidal strategy! But, here's the full story:I live in SoCal and currently rent but have a down payment saved and ready to buy. Unfortunately, property prices are currently detache...
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Hi all,I have everything in place to close on a property purchase, however, Seller is wanting to take on another contract, because closing was delayed by a week, and we did not have an amendment to officially extend t...
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Hi allQuestion for those of you with experience on choosing rental properties to invest in. As I am looking through the list of properties my agent has provided me, I have noticed that there are a lot of properties o...
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Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...