For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Ladies and Gents,We don't do too many deals, but when @Sam Grooms and I do a deal, it's something special.Today we closed on 117-unit in Phoenix's South Mountain neighborhood. The complex is named South Mountain Squar...
I'm just starting to set my goals and plans into real estate. My wife is all in favor with me. But I would like to involve her too, but she is not interested at all. She is a part time student, part time job, and part...
Hi Everyone,I've been listening to the BP podcasts for a few months now and finally decided its time to get active on in the BP community (I think it was show 100 that got me moving). A bit about myself: I grew up in ...
Hi all, we recently sold a duplex in CA and want a 1031 exchange for a multi-family in the Las Vegas market. We are leaving CA for tax reasons and because the distance of maintaining properties was getting to be too m...
Hey Gang,Got five minutes to read a long post? I need some brainstorming from the crowd on a deal. I refuse to give up on it; I’m a motivated buyer, he’s a motivated seller. Here’s the story: Subject property is a 63-...
Hello BPers of the world!
I'm finally coming out of Lurkville after some gentle urging. I've been on BP under the radar for about 6 months, gathering a wealth of information from the blogs mostly, via Twitter, as we...
Hi Everyone!I am a newbie investor from Long Island, NY and am interested in investing in Baltimore. (I messed up on the profile and cant change my location from Baltimore to NY - - working on that)I work full-time a...
Hi everyone,I am a new real estate investor in the Philadelphia area. I am a complete beginner, though I am clear on my goal - invest $200-$250K in cash (up tp $1M with leverage) in cash-producing rental properties in...
Hi all, I'm curious if anyone can offer their opinion on how this prohibited transaction should be restructured:"Scott desires to purchase a rental property for $100K and would like to own the property personally but...