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Hi all.
My wife and I are just getting started in buying single-family cashflow properties. Our long term goal is to hold at least 10 properties.
I've been reading the forums for a while now and feel slightly intimi...
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Hi all! CAPITAL GAINS TAX — NEED HELP! 🙏I bought my first investment property in August 2018. paid $152k and have put in about $20k in renovations. It's currently rented for $1600 a month and I have it listed for $252...
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Ok, so you can, but you can't. I fully understand (no, I don't).
No, I don't want to vacation in the vacation home my SD IRA owns. Please don't point me to an IRS pub.
That you can't personally benefit from the p...
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Excuse the rant:This is the second time air bnb had screwed me on damages. First time my place was trashed by some festival goers (puke and urin on beds, beer everywhere) and my maid cleaned up and disposed of the tra...
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I am a first-time investor currently building my foundational real estate knowledge by consuming as much BP content as I can (books and podcasts!) on top of taking real estate classes in my place of residence, DC. I f...
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Hello,I am in the process of forming a partnership with my Realtor friend, to flip my first house. I just had some questions if anyone has similar experience with my situation.The deal we have in place so far is, she...
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Hypothetical question to all the experts out there.What would be your strategy and road map if you were in this situation with all the expertise and wisdom you have today.
You are in Midwest, make close to 6 figure ...
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Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
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Hey Everybody! My name is Ricardo (Rick or Ricky work just as well) and I'm a Latin music producer currently living in sunny LA. I just moved here a little over a year ago from Miami, which was home for 3 years after ...
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I am working on a deal that has a couple of issues that I'm working through and thought I'd seek the advice BP members. It's a trust sale and does not need to go through probate.Deal specifics:Property has a reverse m...