We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
I've got 5 units (Duplex & Triplex) that I've owned for 4-5 years now. currently cash flowing $1500 total.
Since I'm really busy with my job, I've been strongly considering paying off each one aggressively, whic...
Hello BP Family, Has anyone had to evict a military family? After two months of tenancy, I've decided to evict my tenants, a military family for non payment of rent & unfit living conditions. During a site visit o...