Ive spent my entire time in the military consuming book after book on the topic of financial education and real estate. Fast forward, my contract has ended. My finances are better than they have ever been, my only deb...
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
I am considering taking the leap into full-time real estate investing, and leaving my career as a software sales person. I feel that the 2+ years I’ve studied/educated myself (podcasts, books, networking etc.) and my ...
Bought a triplex for $179k in May 2017 with 3 inherited tenants who paid monthly and were pleasant. Mortgage + insurance is $1100. Gross Income has been $2,075.Now I suddenly have two units vacant. Unit C is a one be...
I've been reading these forums for several months and would like to thank the members for sharing their expertise. I have learned a great deal about real-estate investing and operating a rental.
The home I am...
I have pretty much called every known viable bank or credit union in the greater Austin area in the past year and we now have 15 solid lenders that will loan on specs or our rehab projects. This presents an interesti...
Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...
Hey Everyone! I am newer to BP and this is my first post in a forum.
I've been wanting to get into investing for a while now, however, I have never had the capital to do so. I have about $12k to start with, so I am...
I just had 2 very nice Chinese students look at a house I have for rent. They want to rent it.
They speak very little English, but have a friend that can translate. They do not have a ss# because they are tra...