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I have a question in regards to us getting a property and doing it correctly. We are actually closing on it this week and were under impression that we cud put the house into our llc and rent from the llc. then potent...
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Good morning everyone! I have a question in regard to transferring funds from an annuity account into my brokerage account. I am getting started looking at investment properties and I was thinking about transferring t...
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I'm taking 2-3 years while saving down payment to learn the REI business. I've owned several (6) homes (sequentially) over the years, but not much emphasis on investing, more concerned with family (3 kids). I own a ne...
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At our local real estate investors club last night in Rochester NY we had a very interesting discussion revolving around holding paper or real estate notes. I have a background in finance and have been able to learn t...
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Something that's kind of been tickling the back of my brain for a while.Two common themes of BP, and REI in general:1) "You make money when you BUY real estate, not when you sell. Whatever money you 'earn' when you se...
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Hey BP family! Question from a newbie here. Recently I purchased my first investment property by way of using a HELOC on my existing home to finance the cost to purchase a second home that I am now living in. I have ...
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Hello BP.
I'm exploring using hard money for another property for the first time. If there are some seasoned hard money users willing to chat about the process I'd appreciate it. Mostly Im concerned about how to ha...
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Absentee owners are just that- absent owners. They could live a block away, or out of state- either way, they do not live in the property but still pay the tax bill.
Many times absentee owners are long-distance land...
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Brand new townhome, she came to see the property - paid the deposit in cash and signed the contract. Deposit outlined as being non-refundable. She just called (1.5 weeks later) to see if she can get the deposit back b...
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I was out driving today, and I was just keeping my eyes open to be driving for dollars at the same time.I saw a house that look abandoned, so when I got home I looked it up. Sure enough, the owner is not from here. So...