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Hey everyone!I have a question regarding the best way to purchase a new home for my family and I (which we intend to live for at least 7 or so years, possibly much longer). I am in my mid 30's, this is our first home,...
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Simplify the Process
If you want to spend less time arguing with renters over timely payments, make paying the rent as convenient as possible. Offer online payment options, or, better yet, automatic ACH debits from a...
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HelloCan someone help explain the process of using IRC Section 408 to buy investment property. I have some money in my mutual fund with Vanguard that i want to use for a down payment on a rental.any suggestion would b...
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Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...
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I currently own and rent a property I purchased 3 years ago on a USDA loan in the Mont Belviue area(just east of Houston), and cash flow 475 a month and am currently in the process of purchasing my second home in the ...
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Hello,
I hope you're all doing well! I wanted to reach out and get some advice from this amazing community. I'm a 20-year-old who owns a pressure washing business, and I'm really eager to take the next step in my fi...
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I just finished reading Mark Evan's book on Virtual Real Estate Investing (i.e. wholesaling) and am am puzzled about one thing. Mr. Evan talks about having a homeowner sign an option agreement, preferably for three ye...
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I was considering buying a small 2-4 unit single family house using an FHA loan with a down payment of 3.5-5%. However, you can't place a property with an FHA loan inside of an LLC. Would I still be able to depreciate...
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Hello BP crew! My wife, Sheri and myself, Israel are a Husband/Wife team that have been working towards gaining financial freedom while working our full-time management roles. We began listening to podcasts and learni...
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Hi All,I am considering entering into some parterships in different parts of the country. I am mulling over the following and would appreciate hearing your thoughts: As an out of state investor in these markets (imple...