Hey Everyone, I currently have one rental property in Houston, and want to get into flipping and holding into rentals or short term rentals. I am currently in Tampa, and was wondering what action items would you give...
So, here's my situation. I've got 2 rentals in central FL. Each is cash flowing about $250/month. I'm upside down on rental #1 and never plan to pay it off due to its value, but it's cash flowing so I'm ok with it. Re...
First property i buy i wanted to renovate and live in it for a while before renting it. Should i buy cash? Im hearing its not such a great idea and that i should use that money to buy multiple properties with leverage...
When you flip, how are you avoiding short term gains taxes?
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Olympia.
Purchase price: $362,000
BRRRR
Acquired with private money
Refinancing at 70% LTV at a 530k appraisal
$0 into the dea...
In the midst of my real estate investing, I've come across the common obstacle of obtaining funding for my deals. After doing a little reading on such a issue, I gathered the idea that the properties that I'm looki...
Unique situation. I just received a little windfall of about 20k. Normally I would reach out to one of the investors I have partnered with in the past and do a deal. The investors I use are part of a niche group of pr...
Hello BP Family First I want to thank you all for help guiding me in acquiring my first rental property. My only dilemma is that I really want to buy more rental properties but the down payment required by many of the...
Happy Tuesday Fellow Investors,
I am a brand new real estate investor, and have been learning about the different types of financing to help me in acquiring my first rental property. One of the types of financing tha...
I had a question that my QI couldn't really answer. Before I bug my poor CPA again, I'm wondering about the collective consensus of this group. How long do I need to keep a newly purchased property that I exchange in ...