I've been looking to buy an investment beach condo in Panama City Beach, is now still a good time to buy? The interest rates are the lowest I've ever seen, but I'm concerned about Covid-19......
Hi BP Gurus,It appears that when investing with a respected turnkey company, they attempt to sell directly to you. Their sales people are effectively serving as the real-estate agent, which creates some mis-aligned i...
Hello Everyone,My wife and I just bought our 6th house. This is going to be one we plan to live in for 3-5 years while doing some cosmetic updates before selling in 3-5 years. We bought the property through an off mar...
Hey everyone, I've searched high and low for the answer to this, but I can't seem to find it. I have a couple of different scenarios and I just want to make sure that I understand how taxes work on both of these. I do...
Purchased a house (7/27/2021) and spent money on the building inspection and appraisal of the house. The Seller ran into some issues, first the seller mortgage company needed the Seller to refinance the house (had two...
Hi everyone, I have a rental property under a single member LLC, so I filled schedule E this year. Hoping to get more clarification/ideas how this travel expense might be deductible:Meeting with a CPA in another state...
I am looking into buying my first turnkey property. I intend to have multiple properties in the long run. Would it be better to have them all with the same provider? Or would it be smarter to diversify among multipl...
Hi there, I'm a newbie in the research phase. I'm considering this as a career change and trying to absorb as much as I possibly can while setting a deadline of March for buying a property.I love numbers, spreadsheet...
I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?
I owe $330k and ARV is $600k (bas...
I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...