I am working on purchasing a 700sq/ft cottage (second home) that I believe fair market value is ~$210K-$230K, however, the buyer bought it in 2021 for $225K (and put about $15K into it) and a realtor told her it is no...

I will ask my CPA this question, but was wondering what BP thought of this.  I have a Roth IRA and I invest in stocks and bonds.  Also, I trade stock options within the account.  Will the income and capital gains from...

I am trying to organize the purchase of an apartment building from a colleague. The building has doubled in value since he has owned it, and he does not want to take the huge tax hit from selling, but he does not want...

Hi BP, can anyone recommend an investor friendly lender in the Raleigh area? I’m a recently discharged veteran trying to secure my first deal. thanks!Cheers,Mike

Hello all,I’m curious about how everyone goes about structuring their wholesale deals. I have never done a whole sale deal, but am interested in whole selling since I’m just starting out. What kind of terms do you typ...

Hi All - I have worked in banking for much of my career but would like to possibly transition to a role in property management or facility operations.  I did get my real estate in North Carolina during covid but then ...

My wife and I purchased a duplex in Denver last year. It was financed using a primary residence mortgage. We had to put $105k down to qualify, based on DTI. We lived in one side of the duplex for about 7 months, then ...

I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...

Let's say my wife an I are general managers of an LLC who buys a single family home.  The contract price is 100,000.  We put 20,000$ of materials and labor into it.  We then rent it out for 12 months and cash flow 10,...

I currently am working on finding private lending, but have found it easier to obtain hard money loans. They are more costly but have been more efficient in getting the ball rolling for my BRRRRs. After a while, do ha...