Hi BP,
I am new to the investing world and not a home owner yet. I have a good amount of capital saved up but want to make sure I use it wisely. I was wondering if you knew some of the benefits of building your home ...
Hey guys,
So I have an offer accepted, I'm looking to close in 30 days on a multi-family in the Cleveland area. I'm curious on how to go about paying the down payment so that I will not potentially trigger a "due on ...
I am a 20 year old college student looking for advice on what to do in my current situation. I work 2 (soon to be 3 jobs), live at home, attend college, have 20 grand saved up on top of stocks and an IRA. Should I pul...
I'm wondering what the tax implications are for the heirs of a seller who dies while carrying the note on a seller financed deal.For example, suppose a seller has a fully depreciated asset with a $50k cost basis from ...
Hey BP - I'm under contract on a 3 flat in Logan Square. I'd like to have an electrician through to quote out some work. The rough scope would be to replace the 3 existing electrical panels and to possibly increase se...
Is there a general system or formula to analyze your flips?
I am wondering what your "trigger point" is? By this I mean when you are analyzing a deal what makes you decide to pull the trigger and move forward?
For buy & hold investors if you use CoCR what % gets y...
My mother purchased a property on 2011 for 480000 in California. The current price of the house is worth about $900000. The house is registered with my name and my younger brother’s name as joint tenant. If I want to ...
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
Hello,
I am in the process of purchasing a property for $160k and plan to put 30% down with a DSCR loan over 30 years. My goal is to pay off the loan within 5 to 10 years.
I’ve spoken with a broker and received the ...