We bought our house a couple years ago and was wondering if there was a good time to think about renting your house out? When we bought, we bought with an FHA with 3.5 down. The house was 319,999 and our down paymen...
I am a 26 year old currently working in the trades. I do well for myself, but I believe I'm capable of so much more. I know a career change is in my near future, but I'm struggling to decide what to do. I've had this ...
I have a rental SFH, renting out $3500/month. It will be paid off in six months. The zillow estimate is 1M. I have been taking depreciation on this rental property for 20 years. I bought it 22 years ago $200k. Sh...
Hey guys,I've heard E-Myth recommended multiple times on the podcast so went to amazon to purchase it. I came across a very recently released E-Myth book titled The E-Myth Real Estate Investor (http://www.amazon.com/E...
So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
Does anyone have a clear picture how the HAFA 90-day hold will affect those of us doing double closings and using transactional funding?
http://realestateresult.com/short-sale-rules-will-impact-buyers-star...
Hello BP Investors,First, Hope every one is doing good and staying safe and following social distancing and all CDC guidelines. While we are going through this worldwide COVID-19 pandemic attack, lots of things going ...
Anybody heard of it? Here's the concept:
1) Buy cheap land for pennies on the dollar by building (on twitter/facebook) and advertising to a targeted seller list.
2) Flip quick as "wholesaler" to a buyers list.
3) ...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...