I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.
"I u...
Has anyone ever taken extended time off (2-3 months) from their regular job to focus on their real estate venture? I'm interested in purchasing a multi family, that will require a good amount of work. After the purcha...
Hello BP Community!
I've only just discovered this forum last week, and can't believe the wealth of knowledge and sharing that I never knew existed! For months I've been reading BP articles and never noticed the foru...
Hello, I just finished reading "HOLD" for rental property investing. It was mentioned that there is a specific software by Quicken used for rental property and personal finance accounting. I'm in the process of putti...
Quick preface, I'm a cash home buyer. I do 20-30 flips/wholesales per year. I've largely stayed away from the "sub-to" buz word, but I have done a couple sub-to flips knowing that I only needed to hold onto them a cou...
I have a purchase agrement on a 3/1 in a B+ neighborhood. I can flip it to an investor and make a quick buck or I can fund through a private investor and hold it as a rental. If I do this, I will start marketing it as...
OK... After reading books and listening to many podcasts I will be pursuing either buy and hold or doing some smaller flips to start. I have a regular job but even after all the books I have some questions regarding t...
We have been investing in real estate for over 20 years but always buy and hold. We are selling on our first flip and I have another house under contract. I would like to file a 1031 Exchange to differ capital gains. ...
I recently was brought a deal in the same location as two other properties I have near a major university. The seller needs to sell her house (divorce) and is willing to hold a note for a part of the purchase price. S...
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...