As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...
Hello everyone, I wanted to explain my situation here on the forum to see what advice I could get on options of where to park my extra cash. I currently own a SF home that I love but realize its a liability to my ...
I'm currently working very hard to get my REI career going. I also have a full time job. Because of this I spend most of my free time working... up to 100hrs a week when I'm doing a lot of the rehab work myself. Under...
Hello all,Say I have a house (inherited). I conduct a title search to find a possible lien from B of A for a HELOC. The HELOC hasn't been paid since 2011. It's now 2016 (as you know). I transfer title into my name, th...
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Good evening All,I have a property that I am looking to sell by offering owner's financing. The remaining mortgage balance will be paid at closing by the buyer and the remainder that we've agreed will be offered as ow...
I need a little help with building my exit strategy for my business plan & wondered what the "maximum discount" be for this re-performing note example:
Mount Pleasant neighborhood Cleveland, OH
Interest Rate: 10....
So it's been over a year here in Cleveland since I booked my one way flight from San Diego California. I decided to come to Cleveland with my savings without a job but with a goal to earn passive income through real ...
Hey BP, question for you. I bought a house that was a subject to deal. The owner still had an active mortgage on the property which I have been paying since taking ownership. My issue is the previous owner just contac...
Is Appreciation riskier than cash flow?Now we both know that when comes to real estate there are no guarantee's and things vary based on market and individual goals. Also, the risk is different depending on the level ...