Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Brady Mullen
The Cost of Waiting - A Different Way to Look at It
You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
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Pinnacle Development Partners, LLC
Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
Eric M.
This place is chock-a-block with wannabe wholesalers, what is the reality?
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...