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Hello BP community,Are self directed IRAs a good idea for those working towards early retirement? My goal is to retire/be financially free by age 35 and not being able to access the cash without penalty until 59 1/2 m...
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Hey guys, I’m just getting started on my real estate investing journey. I work in analytics consulting and have managed my finances and investments well by myself. 401k, investment accounts, high yield savings account...
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Working in a bank, I have talked to many mortgage pros on financing options for investment properties. Since I used the conventional 5% down with pmi on my primary residence in 2012, I wondered if it was possible to g...
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The short story is I inherited a tenant at a property i bought in Ohio and they appear to have simply moved out of the property. What are the laws regarding this? I assume people like @James Wise and @Michael Swan hav...
Tax season often leads to creative interpretations of what can be considered a deductible business expense. However, a recent case highlights the importance of thorough documentation and substantiation when claiming d...
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Hey all, I did a cost seg on my rental property last year & wrote off a bunch of bonus depreciation. Unfortunately, I'm facing an upcoming divorce & the easiest solution to my financial situation is to sell th...
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I am exploring a potential job about 200 miles away (from Forth Worth, (NISD) TX to Round Rock/ Austin, TX) from where I bought a house with an FHA loan in March of 2014. If I were to rent or lease option the house. ...
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BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
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After purchasing multiple parks and managing them over the past few years here's my synopsis of the pros and cons of owning a park. What has been your experience?
Pros:
Steady Income: One of the biggest advantages ...
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Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...