Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...
Hi BP Family,I have a 1960 fourplex that I would like to replace with a recently built property. I had accumulated passive activity loss (PAL) over the years. 1) If I sell the property, can the profit of sale offset t...
Hi BP Family,
I have a 1960 fourplex that I would like
to replace with a recently built property. I had accumulated passive
activity loss (PAL) over the years.
1) If I sell the property, can the profit of s...
Hi all. Long time reader and sponge here, second time poster. I'm looking for some seasoned and creative advice on how to best approach this deal:Seller's home is set for tax auction in less than 60 days. Owes 76k on ...
I've been brainstorming on the best way to leverage my employer 401k to scratch out a living.I know there are limits on what you can do with each type of approach when utilizing retirement money. A ROBS is good to ma...
I currently have a SFH rental (my first) it has about 70k in equity. I have really stable renters which makes managing the property very low maintenance. I only cash flow about $200 a month, but I purchased the hous...
What is the best way to get stated and achieve success in real estate investing with minimal capital.
Good morning my name is John and I own a rental property in Trenton NJ. I brought the property 2 years ago for 100k and made about 5k in renovations. The market is dictating that my property is worth around 150k and...
I currently contribute 6% of my salary with a 3% match. I feel that the 6% I am contributing can be better leveraged through REI right now to build up my RE portfolio. Thoughts?
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...