Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
I was in the process of talking to different folks to build my team prior to seriously considering a off-market 6 million deal in Fortworth/Arlington Texas area.
I called this tax attorney, who scared the heck out of...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
I've been listening to CNBC this morning and they have been releasing some of the plan to bailout homeowners.
It was just released an hour and half ago so the details are few and far between at this point but here ar...
HELP! **I know its long, but please read**
My step brother and I bought a 2 family home in MA, in a great location. We both work from home, and live in the top unit. Our tenant is a 61 year old woman, and lives in...
I'm listening to a webinar from Phil Grove with a houston meetup that I couldn't attend tonight. Has anyone heard of him and what do you think? I am thinking he is a GURU.
Hey guys ! I have about $34000 of private student loans left to pay off at an interest rate of 3.55% that’s approx 675 per month. I’ve also managed to save 40k up until now, I earn about $5200 per month net. With a c...
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think ...