Scenario: John is an older investor looking to fund his passive cash flow while getting out of his real estate investments and Susie is a young energetic investor that is just getting started with all the knowledge sh...
Does anyone have any experience renting out rooms with friends/people you know? I have a Duplex. One side is a 4/2, other is a 1/1. I'll be renting out the 1/1, and living in the 4/2 and am considering renting out the...
I hear a lot of people talking about advantages of self-directed IRAs and understand the tax advantages are huge--not to mention essentially having a higher return without taking a higher risk. However, what does with...
Hey everyone, I'm a new member of BP and this past year went full in on real estate investing. I have bought a few properties prior but with a mindset of the rent will pay off the mortgage instead of generating cashfl...
Good morning BP members! I have a moral contemplation that I have been struggling with. We are looking at purchasing a side by side twinhome. Both sides have unfinished basements. In order to make the deal work, we wi...
Does anyone know of a good attorney in the Oklahoma City area that specializes in real estate? I'm about to start my REI career and I want to make sure everything is on the up and up before hitting the streets.
Hey BP community! I have been learning and reading a lot lately and starting to get a grasp on how things work in REI.....I think...I have started to look for properties to fix and flip in the Charlotte, NC area. In y...
I’m doing my first flip funded with private money. 2 lenders, actually. Any suggestions on whether I should open a separate checking/savings acct to clearly report use of funds? I don’t want to over complicate the...
Back story: Wife and I divorced June 2018, at the time, we had 6 properties and she received 2 in the divorce subject to the mortgages on the properties. Ex wife has a drug problem and has not been responsible with th...
I'm thinking about allowing a relative to stay rent free (or significantly reduced) in one of my rentals. Is there an ideal way to go about this from a tax perspective? I want to make sure that the property continue...