Hi everyone , just wanted to get some feedback on this question .Say if I take out 100k loan for a rental property out of state from NYC , and the rental properties pays the 100k monthly , and say a year later I want ...

I’m 21, and after taxes and all expenses I have $55,000/ year I’m able to invest. I work everyday in different states and am home one week out of every 2 months. My goal now is to get a multifamily property no more th...

Hello all, I did look through some previous posts on similar topics and lean towards NOT allowing this but our situation is a little different then I've seen. Our downstairs unit (duplex) pays for pretty much all of P...

Hello BP Community!
I've been saving for a house hack over the past two years and recently came across a great property in the Denver metro area that I’d love to pursue. Not only does it have excellent potential as...

Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...

I have a question about this quote that rich dad poor dad, Robert Kiyosaki stresses on, "
"One method that really helped me enhance my control in making money came from creating a corporation. A corporation can do ma...

What exactly does cash on cash mean and refer to?

The debate rages  on about the cons and benefits of buying a primary residence.  As a military member, one of my primary strategies has been to purchase a primary residence with a low ( <5%) down payment and rent u...

I currently own a rental property in my name and was paid in advance for rent. I asked my accountant if we could account for it on an accrual basis and he told me that I wouldn't be able to. Can anyone provide some in...

When deducting capital improvements from any profits made on the sale of your primary residence, can these capital improvements be made in the name of your sole proprietorship even if the home is in the name of the in...