Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
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Hey BP Fam, I am a new investor in Houston, TX, looking to get started on the right foot. I have experience in rentals but that was from over 10 years ago in a completely different city, state. I did a wholesale deal ...
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Hi everybody,
I'm looking to buy a property in my are (north Houston) as an investment. My plan is to do STR, but I am also making the LTR calculation in case STR does not work out or in case I do no longer have the ...
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Hey BP nation, Question on property management... I am wanting to find a way to show our houses without being there mainly to be able to scale without having to drop lots of dollars on property management or employees...
I have a rental property which has appreciated by 80-90K (according to zillow) and we bought it in 2018. Currently we are using a property manager and losing ~$250/month (breaking even without the property manager's f...
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We're saving up to invest in the next year or two. If I approach a lender with 20% down but no landlord experience, will there be a problem? How can I prepare now?Thanks!Colleen
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I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
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Community - My wife and I are high-income earners, each with salaries greater than $150,000 per year. We file separately for a student loan strategy. We purchased, renovated, and placed our first short term rental in ...
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I'm coming to a bit of a crossroads here - I'm considering self-managing my rental properties (or my wife rather). She's been pushing to work from home lately and the properties are generating enough in management fee...
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Hi all,I'm Katie, new to BP, and a full-time English teacher, soon to be a landlord. I'm also a traveler. A few times a year, I go out of town for up to a month at a time in summer, a couple of weeks in winter, as w...