Scott E.
Preparing to capitalize on the next market collapse
Every day I spend some time in the morning getting up to speed on the latest state of the real estate market by reading various news outlets, listening to economists, looking at data around inflation/inventory/rates, ...
Bryan L.
Pit Bulls, Horses, and Poor People
There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
Uwe K.
Home office and mileage deduction/transportation expeses
I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
Janet Franklin
advice needed on land contract
In 2005 my husband died, and I'm on disability. My sister talked me into moving to Ky and my nephew had a house for sale for 45,000, he owed 16,+ on a second mortgage and the balance was like 29,000 +-. He said he'...
Lloyd Segal
Economic Update (July 6, 2020)
Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
Lloyd Segal
Economic Update (November 16-21, 2020)
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
Isaiah Fariel
First time investor needing advice
I'm a new investor looking to purchase my first home, we currently live in Raleigh NC. My fiancee and I have about 10k saved up and want to purchase a Duplex and do a house hack. We want to invest in hopefully the Ral...
Joe Burns
If you were in my situation what would you do?
Hello BP! I want to post today to hear some of your opinions and perspectives. I want to hear what you guys would do if you were in my position, or for anyone that is in my position what have you been doing to help yo...
Alex Dewberry
Terrible Tenant
I need some help before I go crazy. We have a property in NJ with a Tenant that is just completely out of control. This is her third year with us. It has been hell...When the third year started we decided to hire a...
Will F.
Insurance for flipping
What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.