Hello BP,Pretty much my entire adult life I’ve planned to buy a multi family as my first property to owner occupy and offset the cost of a mortgage and not be house poor. Until recently I was nervous about making that...
Any landlords or investors know of ways you can defer taxes on real estate profits?
I had a seller contact me that doesn't want to sell their house via a conventional retail listing on the MLS, but wants to sell to an investor because they want to rent the house back for a year after closing. The se...
Found a nice property but To make these numbers work, I’ll need a commercial loan with a 30 yr amortization. I’ve called a bunch of banks/ credit unions/ brokers etc but I’m hearing 20 and 25 yrs. I know they exist s...
I have been investing in VTSAX through a joint brokerage account. I'm debating if I should start maxing out a ROTH IRA or regular IRA in addition. From what I understand you can withdraw from a ROTH at any time, so it...
So the winner of the latest Powerball in California hasn't come forward to claim their winnings yet.Powerball WinnerSo I started thinking about this and day dreaming about what I would do with $40 million. Would I re...
My father has some annuities coming due this spring. A couple of them(his + inherited from his wife) are held inside Roth IRAs. It is my understanding that you can hold property inside a self directed Roth IRA. It ...
Hey BP folks ... I'm a relative newbie investor with two homes currently and the cash in hand to acquire one, likely a duplex.A lot of the webinars talk about ... what's your why, what's your goal? It seems like the "...
Investment Info:
Single-family residence fix & flip investment in Streator.
Purchase price: $70,000
Cash invested: $20,000
This is my first property. Currently working on the purchasing, it Is c...
Hello all, looking for advice on my grandparents property situation. They both have reached the age of being admitted to a nursing facility. They did not have the best asset protection strategies in place & may lo...