Hi all,
I’m an aspiring RE investor looking to make my first deal leveraging the house hack approach. However, before I embark upon this journey, I was hoping to get some feedback from the BP family on my potential f...
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
From afar, It's been wild seeing the price of homes in Joshua Tree absolutely skyrocket in the last few months. Homes are selling for 2-3X their prices in 2019. I started monitoring the area at the end of 2020 and it ...
Hi BP’s,First time creating a new thread - here goes nothing.Curious on what your perspective is towards utilizing a mentor in the MF space.If you have a mentor, what has that experience been like? How has that affect...
What’s actually going on in the Cleveland Real Estate market?The investment market in Cleveland is still very strong and I forecast it will stay that way. The reason: we have a lot of investors coming from out-of-stat...
How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
I'm closing on a new deal in an Oppurtunity Zone, as designated by the tax reform bill passed in late 2017. Are there BP folks that buy in these areas? Do you need to setup a fund before closing to take advantage of t...
Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.
The advisor suggested that for my personal residence I should buy a house ins...