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My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
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Presidential candidate Joe Biden plans is announcing a $775 Billion dollar plan to boost Child and Elderly care. It’s a decade long plan that will be paid for by reducing or eliminating 1031 tax breaks for real estate...
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An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
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I'm looking to take out a loan from my self-directed 401k, but I'm curious as to what interest rate to charge myself. I actually want to charge myself as much interest as possible since I'm not planning on contributin...
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Hi BP! My wife and I are looking for some advice from the real estate community! My apologies if this is not the right place to ask (this is my first post). I'll start with our goal, which is to free up or access abou...
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Hey guysI would like to ask for a legal advice.Year ago I screened a tenant and except for a bankruptcy and finding out he used to a lawyer whom license got suspended I decided to give it a shot. I own 6 unit building...
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I have a long story to tell you guys. I was the person that purchase a baltimore city duplex from FNMA, that had my copper pipes cut a day before closing back in August. I will document my journey in a few weeks. I...
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What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
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I'm under construction on my first duplex. I chose a local builder who has been building a lot of modern homes in the area that looked appealing to me (why I chose him). We spent time designing the duplexes together a...
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I am ready to begin the process to liberating myself from the 8-5. I have a plan in place and a set of fairly specific criteria in order to get there. Here it is at a glace:* 3k in monthly cash flow = 15 properties at...