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I am looking for tips to not get taken advantage of while buying out of state. I just got out of a contract for a property that was supposedly "move in ready" and "available for immediate rent." The house had purporte...
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For all of you military service members: what type of horizontal income are you producing while you are serving? If you listened to the most recent podcast about GoBundance, all of the members are creating multiple st...
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To create an additional income stream, I have decided to privately lend (gap funds under $50k for my first) amongst other members of the REI flip method coaching program to which I belong. I have already formed an LLC...
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Hi again,
Under contract to sell SF home - closing on Sept 7th, 1031 clocks start ticking to identify and purchase multi-family property.
I'm starting to reach out to a number of you (lenders) who have responded ...
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I am doing numbers on a rental complex I am buying and just wanted to make sure my logic was correct. 1. These are rental duplexes. I assume depreciation 27.5 yrs. Also 35% tax bracket. 2. Assume home value is 1 Mill...
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Let's say one house is only upside down like 20k, and another house is upside down 200k. I know you can probably do different things with each (say the value of each is 250k)
Is there anything you could do with a hou...
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Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
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Hello, BP collective!I'd love to hear your thoughts on my moral quandary here:After researching quite a bit on wholesaling, I am really on the fence about going forward with it. It is fraught with ethical grey areas a...
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I need to form a LLC in order to satisfy my lender requirements. The 12 unit apartment is located in Cleveland, OH. I live in San Diego, CA.
In what state should I setup the LLC? Should I use a real estate attorney o...
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Hello everyone! I was just reading an article about the basics of lease options and I had this crazy idea. Please take a look and let me know if something like this would work or if it’s completely nuts. Thank you Lo...