Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
My story will probably not sound even remotely like a success story to most of you, but to me it goes beyond success to near miracle.I joined Bigger Pockets well over a year ago. And I was so scared I was receiving c...
Taking into consideration the bad condition of the property and low-end neighborhood, I feel that HUD houses are actually over-priced. And compared to banks, HUD is harder to negotiate on price. It seems they won't ac...
I was contacted by a lady who is moving out of state. Very motivated, she plans to give the property to a non profit organization if she doesn't sell. She is willing to do a Lease Option. My question is if I found a t...
We acquire a property with already a tenant in it. The lease is up since May end and we are supposed to make a new lease. Is there any rent cap that we are supposed to follow? Rent is way below the current market rent...
I work with a few independent contractors on rehab projects. These ICs are either sole proprietors or work in their sole member LLC. I started reading into 1099-NEC and from posts on BP and elsewhere it sounds like I ...
It is that time of year when everyone seems to think about giving (and wrapping things up for yearend).So I want to know what have you done to give back, to have made the world a better place. I can argue that us in r...
Hello, I am looking to break into real estate investing in the Orlando area. My wife and I currently rent in Sanford, Fl. We are a single income home at this time, my wife is a stay at home mom and we would like to fi...
While I understand that that when dealing with an FHA Buyer, I must hold title to the property for 90 before selling it, my question is if the property has to be held for 90 before the property can close, or before th...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $391,000
Cash invested: $20,000
My wife and I bought a duplex with an FHA Loan for us to move into for a yea...