At great personal cost, it appears that my wife and I will be receiving an inheritance sufficient to pay off our house and possibly allow me to retire very soon. What are the tax implication of such a transaction? W...
Trying to figure out my strategy beyond the first property. Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If thi...
Hey everyone, Just had a quick question regarding age as a protected class. I am aware that the Fair Housing Act protects from discrimination for housing. You cannot factor someone's age into your rental decision (pr...
I think a lot of people have trouble reconciling an abundance mindset with the omnipresent, "live below your means," advice.To achieve great success, we're told that we must take risks, act as if, and spend money to m...
Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
Hey BP folks! I'm a longtime fan, first time poster. I actually just bought my first home last year in Montgomery County, Maryland (a condo with a low condo fee using an FHA loan, not a super great deal but very reaso...
Young investor 19y/o wanting to see what I could start doing now to prepare myself to buy and home soon and hopefully rent it out . Currently in the army , and plan to get out.
Good morning BP,My name is Nick, and I reside in central NJ, just south of Princeton. I'm pushing thirty years old and my background is in corporate finance and valuation. Currently consulting in business development ...