Brandon Pomerantz
Take advantage of the CARES act w/ no penalty for rental instead?
Looking for your opinion if this is a smart move or not based on my current situation please. I am 33 and make around 110k-120k per year before taxes in here in San Diego. I qualify under the cares act to pull out of ...
Patrick Barker
I have been a BP member for awhile... Time to take advantage
Hey community, I have been one of those BP members who signs up but never gets involved, it is time to start venturing out into the online world for advice and encouragement. I work in Jacksonville, FL but live and ...
Mark Tabah
Advantages of initial Mo-to-Mo versus 1yr lease in Los Angeles?
What are the advantages of initiating a new tenant agreement with initial month-to-month terms versus the more common initial 1-year agreement? This is in Los Angeles, I'm curious as to why a landlord would prefer to...
Steven Violano
Tax and other advantages of owner financing to pitch to a seller
A close friend and her two brothers, all retired or close to retiring, just inherited their mom's house. When I look at this house tomorrow I want to present a win-win to the owners (I've never met the brothers). If t...
Alok S.
Creating an LLC to take advantage of 20% on pass-through income
Hi,My wife and I have a rental property in our name. I am creating an LLC, both of us as members, to take advantage of the 20% deduction on pass-through income (rental income) introduced in the new tax bill effective ...
Matthew Crawford
Is there an advantage to getting your RE license as an investor?
I currently own and manage 35 rentals. They are a mix of commercial, single family, townhouse community, and 4 unit apartment buildings. I’ve been debating getting my RE license to gain access to MLS and save money wh...
Gustavo Ruvalcaba
New RE agent, how do I take advantage of it for investment ?
Hi, I recently got my RE licences and now I'm working with a team. He's great and teaching me a lot of stuff but my ultimate goal here is to invest. Don't get me wrong, being a broker is good and all but it takes way ...
Amir Navabpour
What am I missing on the advantages of financing? (buy and hold)
I know the conventional wisdom says you make a higher COC return when using debt, but I don't see it. Here are the numbersPurchase price: 125kRent: 1% (1250/month)Monthly costs:Prop taxes: 160Capex (10%): 125Repairs ...
Nicholas Salman
What is an FHA loan and how can it be an advantage?
An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers. Some lenders vary on minimum credit score, avg being a minimum of 620 credit score3.5% downDTI ultimately up t...
Account Closed
I have equity... But how do I use it to my advantage?
In a very long story short I came across a deal I could not pass up. One year ago I purchased 23 acres of land with a tax value of $292,000 for a price of $175,000, 3% interest rate, and it is owner financed. The 23 ...