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Recently purchased duplex in Swissvale, superb of Pittsburgh PA. Bought site unseen purchase price 22500 sold 10 yrs ago for 48000 but highly neglected 2 unit 1st floor unit 3 bed 1 bath. 2nd floor unit 2 bed 1 bath....
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Well, closing is set off again on a deal we have been working on for almost three months now. There should be no problems since it's just an insurance assignment to be completed, anyway my son came across a wharehouse...
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Hi All,
I’m trying to determine the best structure, and the necessary entities so that I can create a new Solo 401K (for me/wife) and rollover funds from my existing 401K. My current business (where the 401K plan exi...
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I talked to a representative about making my 401k self directed to invest in real estate this morning. He said I can not invest directly in real estate with a sd401k but I can invest in an LLC with the sole purpo...
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I plan on getting my real estate license in the near future, and was wondering is it realistic to be able to work for a brokerage at 19 without any formal experience? I read you only need a high school diploma, but I ...
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Detroit is falling and much of the blame is aimed at the banks.
It was just reported that banks started foreclosures and evicted tenant/owners but have not taken posession of the property leaving taxes due from the o...
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Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...
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Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
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Hi folks, I'm pretty much learning the ropes in investing in the US and would love to connect with my fellow Canadians already doing just that. I need to know how I can structure my business to minimize my taxes and l...
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My wife and I have always wanted to get involved in real estate and have recently really begun studying on how to make it happen. We have 2 kids and are trying to create more free time spend with them. Through all th...