Hello everyone. This is my first post since joining and I'm going to ask a question that has been asked a million times before. I hope this is the right forum for this question. How and where do I start?I'm not a you...
Hello BP People! I know that this topic has been beat to death already and that the general consensus is to house hack before buying, however, my situation is a little unique and I would appreciate some input from the...
So I am currently not in the game (abroad in W. Africa with the Peace Corps), but planning on finding and purchasing a buy-and-hold multi-family (preferably 4plex) in a Connecticut city (New Haven, Waterbury, Bristol,...
I'm planning to invest in real estate with my friend. We are not sure how do we proceed further with loan, rent payment, etc.. I've following questions and need your expert guidance:
1. We would like to get separate ...
Initially, when reading the title of the article, this sounds like a get rich quick scheme or simply too good to be true. I will keep this short and concise, but most of what I have done can be replicated by almost an...
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Lets start with a backstory.Around early 2014, I purchased my first property immediately intended for an investment in Oahu, Hawaii. I put down $50K and got a 0% loan from a family member for $100K (paid around $150K ...
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...