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I am in the process of purchasing my first vacation rental. Closing near the end of this month and I am trying to get all my ducks in a row. The property was previously on a managed rental program and when I take o...
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I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
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Currently, Obama's financial advisors have stated that the high end tax bracket will go up to 39+%. Does anyone think this high end tax bracket might go up to 50%+ or more?
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What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
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Hi all, I have photos of my first flip, where to post them? The rehabbers found more issues with foundation as they tried to raise it up a little but now they found rotted beams (1920 abandoned home). They said some o...
The last month we have been running across a large number of foriegn investors at Sheriff sales, Homepath and Hubzu property visits. (more than "normal"). We just used to see them alot at bulk sales but now more in...
Hello all..I have two eviction scenarios. I know you guys can't provide legal advice. I'm just looking to see what others have done.1) The first tenant is in rehab and I followed the Notice to quit, had the hearing an...
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When it comes to obtaining "financial freedom" is investing in real estate just the least worst choice?I tripped over this article the other night, which sums up a lot of what I've been thinking about REI lately: Inve...
Everytime I tell a Rehabber or a Wholsaler that I'm going to the 3 Day Bootcamp of Furtune Builders I always get people telling me not to go..??But I see so Many people went there..I see other "Guru's" Charging $3,000...
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Hi BP,I am starting a website to attract leads while also educating them so I am their source of info and can find their best option. I plan on using wordpress and host gator. I don't care if the site is aesthetically...