Hello BP! I have a family member looking wanting to exit his corporate job and start investing in RE. He has $1m+ in his 401k. What are the best tax strategies to mitigate the tax burden and avoid the 10% hit on being...
I’m looking for some perspectives from seasoned investors who could offer some thoughts on long-distance investing under these scenarios. What would you if you had $60k/$100k/$150k and:1. needed to invest hands-off (p...
I am looking at a 4-unit Sacramento, CA that a partner and I want to buy - it needs rehab and will only sell for cash. Our plan is to purchase for cash, rehab and refinance out into a 30 year mortgage and hold it as ...
Greetings,I have an interest in investing in multi-family properties; however, I do not have the capital required for a downpayment of twenty-five percent. I am debating using a hard money lender for the full purchase...
Hey BP,I am very close to closing on a duplex which is about 3 blocks from my 3 family home (my current residence). I will be moving into the duplex once I close and I will rent out the unit I currently live in - leav...
Hi,This is my first post in this site and a newbie. We have a home in San Diego and moved out of state and rented it for couple of years. The house is in a very good neighborhood, and goes for rent easily and also app...
Hi everyone!My name is Katie, and I'm from Morgantown, West Virginia. From the information I've gathered so far, I've decided to focus on rentals. While researching REI, I of course came across the BP podcast and thei...
Hi BP Community ! I am a first time landlord and bought a duplex in Oakland. Each unit already has 3-4 tenants in there, some on the existing lease and some not. There is one long term tenant who subleases to other fr...
Hi BP,After digging through some of the forum posts and looking at Brandons blog post on 1031's, I've got a few remaining questions I'm hoping the community can clear up.I currently have a SFH and Triplex in Orlando, ...
Hi everyone,I recently moved to San Antonio from Southern California to pursue the dream of financial freedom through real estate investing. I had hoped to utilize a low-down owner occupant loan (FHA 203k) in order to...