In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
I'll be 55 this and our last one graduates high school and will go off to college this year. My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes). We also have healt...
Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
I am in negotiations for a large, 264 acres, of timber land that I plan to divide up and sell 20 ac lots. Located in Washington state, near Wenatchee / Leavenworth area. I have called a total of 5 local banks/credit u...
Buying more real estate may increase your wealth faster, but at additional risk. Once you have money, even if just over a million, could it be better to reduce your risk rather than adding more risk by going into more...