Tom B
What to do with saved money
Hi Group, I'm trying to decide what to do with some saved money. My choice is to either pay off the loan on one of my office rental properties or use the money to buy something else. Here is the particulars.Location...
Jennifer Trott
Self employed need refi to build on currently owned property
I'm self employed & own a 17 acre tract of land (paid for) that also has a 2br/2ba modular home I rent out. I want to (hopefully) take out a refinance on this property to build a house. I will have no other debt &...
Troy Barker
New member from Colorado
Hello, My name is Troy,I am currently a home owner and I am looking for advice on renting out my home. I am mortgage free and want to use the rental profits to invest in more rentals. If the average rent for a single ...
Zac Stuart
Triplex deal kitchener.
Hi everyone, i'm looking for anyone to weigh in here and especially those from Ontario, the deal is $700,000 for a purpose built three unit in Kitchener Ontario. nice area. assume no major renos needed(i.e. roof furna...
Dan McClain
Time Value of Money
It's been a while since I have last posted. I have been mostly absorbing everything I can from the various threads on this forum. Thanks to everyone for the invaluable insights on various topics.Simultaneously, I have...
Wojciech Grajewski
How do I take Equity out?
Hello,
I own a home on Long Island that is currently worth about $500,000. The house is fully paid for. I have about $48,000 in cash and would like to purchase my first investment property. Should I do a HELOC? Can I...
Michael Wentzel
Does your REI strategy mimic your Monopoly board game strategy?
I was playing a version of Monopoly with my 7 year-old son and 5 year-old daughter last week. My daughter managed to put together the highly sought after Boardwalk - Park Place monopoly and ultimately rode it to a con...
Will Barnard
"The Kids Are Alright" Comedy Series
Hello BP Nation,This is not a real estate success story in of itself, however, my path to real estate success helped to enable this great success of my youngest son - Santino Barnard who co-stars in a new TV comedy se...
Valentin Diaz
Buying and Selling Real estate
What are some exit strategies used when purchasing homes? I feel that there could be a possible dip in the economy, and in the Housing market and just wanted to know if there were some ways you can minimize risk when ...
Shawn Connors
Tax Question
Hey BP,
In 2015 I started my LLC and I also have a full time job. My question is this...
If I spent money on marketing for REI can I write that off on my taxes this year?