I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wonderi...
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.
Simply stated, the income from a house should be greater than or equal to...
Hi BP Community!I'm trying to get a better handle on property analysis and adjustments that I should be making when analyzing a deal. I'd like to take this property as an example and see what input others have:
Prop...
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
I have a question for the guys who deal in low income areas for rentals. I've been looking at some houses in a low income area, I know that the properties will cash flow but my only concern is that the homes are not a...
So I am considering getting my RE license in Michigan, but all of the brokers keep telling me I would have to go through them (and pay them their split) on personal investments/ purchases if I have my license. (With s...
According to this article, http://www.cbsnews.com/news/history-says-home-real-estate-is-a-bad-investment/if you take out the recent housing bubble and just look at returns on real estate for the past 100 years, you wi...
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...