John Pak
New member from Fairfax, VA
Hello, my wife and I are about 10 years from retirement from our full-time jobs. Our real estate goal is buy-and-hold rentals to provide partial income replacement upon retirement.We currently live in a SFH with good...
Sam Valme
PT2/5: Market Analysis
Hello BP Family!Thanks for taking a look at my second post regarding my companies new business plan. For some context to this please see my first post P1: Capital Acquisition. For those just joining the game. I've bro...
Vikki Hooks-Bell
Newbie from Yorktown VA
I've spent the last seven years working as an accountant in corporate America and I've come to the conclusion that relying on one stream of income won't allow me to reach my financial goals. I became interested in RE...
Sean Walton
Direct Mail Marketing for Live in Flip in Expensive Markets
I've been doing direct mail marketing for 6 months (with no contracts yet) but it hasn't been to areas my wife and I would want to live. We are looking to move to San Mateo, San Carlos, Pacifica or smaller cities near...
Mary Jay
Should I sell now? Need to do 1031 exchange... Or wait?
Hi guys,I have a couple of houses that I would not mind to sell.1) One is about 100K (100 year old house in Idaho, 1 bdr 1 bath, have a hard time finding good tenants, mostly college town so the tenants are mostly col...
Jason Blasenak
Cinder block apartment rehab
Hey all,I am considering buying a multi unit 1950's constructed cinder block apartment building and wanted some advise. The electric is knob and tube which is the major problem with cinder block walls. The second is...
Erik W.
Generosity and relationships
There was recently a post about giving money based on gross or net income that has been removed from the forum, and I think I may have inadvertently killed it by violating one of the forum rules....unintentional, I pr...
Michael J. Ray
Deal under contract
I have a deal under contract for 30k ARV 248k. It’s a vacant land lot. Is this a deal or no?
Alvaro Rodriguez
Transfer ownership of a property
I own two houses in Texas, I am single with no kids. I only have my mother with me and I want to make sure someone gets these houses in case something happens to you.Is it better to draft a document where she takes 10...
Daniel Murphy
NC tax laws on deducting mortgage interest
Hi all, this is my first real question here... a CPA recommended that for a residential rental business in NC I should start an LLC but buy the homes in my own name because a business cannot deduct the mortgage intere...