Account Closed
When is a mortgage a good move?
As an aspiring full-time real estate investor/investor, should I take out a mortgage on the home I want to purchase before or after I begin to purchase rental property? Should I wait until I have a substantial amount ...
Josh S.
Is it possible to eventually live off real-estate investments with 300k capital
I would like to make savy investments and over a long period of time eventually generate enough income to live off my investments (make at least 50-60k a year) with 300k capital and no current income.
Megan Hirlehey
Financing options without a W-2 Job
Does anyone have experience with refinancing a home with just the rental income generated by the property as the reported income to the lender? As in will a lender refinance a property only taking into consideration r...
Austin Works
With deals so tight, should I focus on another business for now?
In the past few years, flipping houses has been a major source of income for me, but deals have been so hard to find this year, that I've only flipped one house all year. Would this be a good time to shift my focus to...
Shawn Clark
Expected CAP rate for Residential Properties?
I've got a client that might want to sell a house with three units in Baltimore. Total rent $1,850. They want to sell it occupied.What kind of price, based on income alone, is typical? Will people pay $185,000 for tha...
Aviv Peretz
S corp as General Contractor & LLC as an investment company
Hello,
I'm a general contractor in Los Angeles (S corp) and also own 3 properties in an investments company (LLC). My S corp makes much more $ than the LLC. What do I need to do in order to buy properties from the S...
Steve Potash
Multifamily Strategies and Brainstorming for additional income
Hi Everyone, I'm Steve and I'm new to BP, but have been investing in multi-family for 24 years. I'm looking for other seasoned multi-family investors to brainstorm on how they generate additional income streams. As e...
Stephanie Spiker
AD Family looking to purchasing family land
*My husband and I are fairly new to real estate investing and are both Active Duty stationed in D.C.*Background: We want to purchase my husband's grandparents' house in MO that sits on family land. The house itself is...
Walchli Donna
How to report income on hard money bridge loan repaid to me?
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
Danny Randazzo
The Money Tree is Real!
You’ve probably heard people close to you say “Money doesn’t grow on trees”. Well, you can tell those people they are wrong and here is your proof. I remember growing up hearing people say that statement to me and I n...