I am a newbie to US real estate investing. I would really like to hear from the experienced investors in BP what they think is the best investing strategy and in what market. Why do you focus on the strategy you fo...
When trying to wholesale a pre-foreclosure,is it possible to offer a seller who's in pre-foreclosure the equity in their home and then use that as the offer? If so, when the contract is assigned, what should the assig...
Would anyone like to explain to me some of the benefits\drawbacks of both of these types of investments? It seems to me that when starting out, REI seems to require far more money than investment in stocks.
I read t...
Hi All,I've read through most of the posts on tenants wanting to break their lease, but wanted to post this slightly different flavor here...My tenants just called yesterday w/ a situation... we have a 5 bedroom house...
My fellow investors, and RE pros, I need your opinion. This would also be a good question for #AskBP. While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to...
Hello everyone. I will start off with some basics:
I work full time in the tech industry and make a decent income. I own a condo in California that I rent out. On a monthly basis, my cash flow fr...
I am 66. Can I transfer some of my self-directed IRA to pay down my mortgage on rental property? Consequences, if any?
We've listed a property, and out of our first 3 inquiries, 2 are from people just moving to the area without a job when they get here. One pre-emptively offered 3 months' up-front rent in addition to security deposit,...
What do we think of investing outside USA? What strategies should one adopt? Which specific cities people focus on for high ROI and ease of bussiness?
Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...