Rich Weese
RE goals -early retirement Part 4-ELIMINATE TAXES
Much of this thread is repost of parts of other threads and blogs from a year ago. I"ve been continually asked about this subject and there are lots of newbies on BP that may benefit from this.
I want - to start wit...
Scott M.
Tax Implications of 6+ Land Contracts
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Brian G.
REOs/Proof of Funds
I got an email from my real estate agent saying that any foreclosure properties I want to submit offers on are going to need a proof of funds letter. I've read that you can use a Coastal Funding letter to get around ...
Kirk B
Dirty Little Secret?
I am trying to find a study with data on the operating expense ratio for residential real estate, and hopefully something that applies to my area. I want to use the data to prove this ratio to my real estate agent. He...
David F
Hello from your neighbor up north
Hey Everyone,
My name is David and I'm 30 years old, from Montreal, Canada.
I've been researching REI for the past few weeks and yesterday stumbled upon BiggerPockets. I have been blown away by what I've read here. ...
Tim C.
Modern Day Landlording on Auto-pilot?
I have recently read Landlording on Auto-pilot by Mike Butler. A good book for tips on systems, etc. However, some of the book is a little outdated. I'm trying to decide whether to begin property managing on my own...
Ivan Vargas
Deceased owner. No mortgage. No heirs. Any options?
I came across a property in Orange County, CA where the owner passed away last year. Property is not under a trust. Neighbor told me he was from Europe with no family here. I did a peoplefinders search and did not fin...
Carlos Flores
Financing multiple 1-4 unit properties with Fannie and Freddie
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Jon Q.
2-3 years away from a recession
"The fact that #consumerconfidence is near its historical norm is one of the indicators that we are 2-3 years away from a #recession" -Dr. Peter Linneman (Chair of Real Estate / Wharton)Agree/Disagree? Thoughts?
Patrick Philip
For those who have flipped houses, where did you find them?
Did you get them from the MLS? From wholesalers? From your own bird dogging?