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I recently had an investor tell me that i should deplete my 401k in order to purchase a property free and clear. He said that if i was to make that move i would need to be sure that realestate is what i want to use t...
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I understand that if I do a cash-out refinance on an investment property (Property A), and use the extra funds as down-payment for my next property (Property B), then I can deduct the interest paid on the cashed-out f...
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Hi BP family, I wanted to share with you guys some of my Fix & Flip tips, as well as, open up a discussion for others to share their flipping secrets.
Here is my list to consider when you're fixing and flipping...
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Hello BP community, I am a new landlord seeking advice on a breach of lease situation on my first rental. Back story: I am from Houston, Texas and my tenants just moved from Denham Springs, LA for new employment . The...
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I am about to purchase a duplex, and I am looking for a property manager in Owatonna. Can someone recommend anyone in the area they use?Thanks!
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Hi, I currently have a property management company managing my property. I haven’t had to many service requests but the few I have had, property management company will send out their preferred vendors and will quote ...
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Hi everyone,My partner and I bought our first property last year under an LLC. We deferred our tax filing this year (both LLC and personal) because we weren’t ready in time, and are using a new accountant.We just rece...
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Hey everyone,I am having a hard time finding a good way to listen to the BP audiobooks that come in the Ultimate Packages on my iPhone while commuting in my car. Usually, I listen to my audiobooks through the Audible ...
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Happy Saturday, here are some updates from the month of April!
Real Estate Update:
Here's the latest real estate market report for April 2023 (single family homes):
Median Sales Price: $438,950 (March: $430,000)New...
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What do people think of $15 min wage? What effect have you seen in those places where the law is already starting to change?