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Located in NC, can anyone refer a mortgage company that doesn’t have a prepayment penalty
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I am new to real estate and my plan is to have enough passive income to quit my job in 10-15 years. While this is the goal, what happens when I quit my job and I do not have a benefits package that includes various in...
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Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
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Just curious as to exactly how owning a rental property can lower my AGI (adjusted gross income)? I have heard that I can take the following:depreciation, but doesn't this just lower my net income for the property? wh...
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I have a 3 unit, 1,968 sq foot unit under contract for 140,000. Fully tenanted, and rents are 1,800 total a month (2 month to month, one locked in on a lease at a low 525). 25% down obviously makes the deal that much ...
Say I'm a freelance consultant in a non-RE related industry where I bring in a lot of income but have very little tax deductions. Say I also have a rental property that is generating low income but it has a lot of tax...
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I’ve left an employer after 9 years and have $100,000+ in retirement sitting in a 401K. I’m undecided on what to do with it. Move it to IRA. Roll it over to new employer. Cash it out, pay the penalty, and buy more rea...
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Hey all, first BP post here ! Looking to get started and wanted to get everyone's thoughts on where you generally find your deals. RE agents, directly with wholesalers, or just searching the MLS and runnings your numb...
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Hey BP,
I’d like some feedback on how to structure a syndication deal on an 8 unit MF for rent apartment with myself and 3 outside investors / friends. I've never syndicated a deal and only have some basic knowledge...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $540,000
Cash invested: $108,000
Investing in South Texas offers additional benefits:
• Affordability: The pr...