Andrew B.
Newbie help needed! Liability Insurance considerations.
Hi BP! After purchasing a property it's my understanding standard homeowner insurance is not sufficient to cover a landlord in terms of liability. In the interest of qualifying for residential financing it seems an ...
Colleen Keenan
Low income 1099 employee starting out on REI
Hello!I’m looking to start my REI career. I work in clinical healthcare and I’ve been unhappy so I’m looking for change. I’ve been a part time contract worker the past year and have done my taxes which show my Adjuste...
Glenn Jones
How to Setup Terms of Seller Financing
Hi - I am looking to close my first deal on a marina in the the North East. With interest rates on the rise my deals are making less sense when factoring the cost of debt repayment using SBA loans. I am hoping to ge...
Alex Lee
Where are you getting your market data?
So I'm 80% sure I'm going to be doing a deeper dive into GA, but I have eyes on OK, TX, MD.Lately I've been trying to glean info using google-fu and reaching out to agents in the area.What resources are you guys using...
Christopher Steiner
Checkbook IRA Pros & Cons
Hello BP Community! I am interested in note investing and would like to rollover some 401k funds into an SDIRA for my first purchase. I am trying to understand the differences (pros / cons) in the model where the cu...
Ashleigh Flowers
Million dollar FSBO in my backyard!
Good morning BP! I found a million dollar FSBO on my way home from work and I want to make my first call to the owners. Im so nervous!!!! I feel like I'm on information overload and will freeze up if they actually dec...
Account Closed
Why Buy Real Estate in Your (IRA) Retirement Accounts?
The single most powerful way to accumulate (and keep wealth) through real estate is to purchase it in your ROTH IRA account. Purchasing within a ROTH IRA is using "Post-Tax" dollars, in other words, you have already p...
Jason Lowery
Buying second SFH rental, but a big question going into it
Hello, First question for all of you. Stumbled on a great deal that I cannot turn down for a second rental property. Currently own one property free and clear that brings in $1100 a month. We paid 40k for is and it...
John Lim
First property and STR loophole with bonus depreciation
Hi- I’m new to the forum and I’d greatly appreciate any advice.
I am under contract for a SFH property in metro Austin Area with a target closing date of end of May. Starting next year, I’d like to use the propert...
JT Spangler
Revisit your insurance policies every year!
I was pulling together 1098s so I can do 2015 taxes (normally I like to procrastinate, but this year I'm trying to refi some things so I'm motivated), and I noticed I got an escrow bill for nearly a thousand bucks.Wha...