Hello BP, Things are moving very fast for me and I need some input. I just acquired my first duplex and was given the security deposit for the one tenant that currently is there. I have four other multifamily units th...
Hey all,
I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...
My parents are interested in lending me money for real estate investing. I do buy and hold rentals. I have never borrowed money yet so have no idea what we would write up, interest rate, length of loan, etc. Can so...
Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
Hi guys,How do you calculate your tax bracket for when you retire?Can you please correct me if I am wrong:Lets say you have 10 paid off houses that each bring you 1k so total you have 10K per month. Plus lets say you ...
Hello,After hearing about it on Tom Wheelwright's podcast, I want to hire my daughter to help out with our real estate business. She is a mature 7 years old, and would do great at cleaning the hallways and common are...
Hello fellow real estate investors!
I'm excited to dive into the world of tax deed investing in North Carolina. However, I'm just starting out and looking for some guidance on where to begin my journey.
I've done so...
Hi all,
I'm new to this excellent site (and have no expertise in RE investment). Thank you in advance for any help and advice!
My situation is this: I'm recently retired, and it's time to sell a building I own. The...
All,
I wanted to get some feedback on starting a real estate "buy and hold" investment fund. I have been in this business successfully for a while (25 single-family units with massive cash flow over 6 years) and thin...
I borrowed money from my mom to purchase a rental property. I would like to treat the loan as a home equity loan on my primary residence. Currently I pay her interest only payments and we have a very basic written a...