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Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properti...
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Hi all, interesting question if there is any way to do this. I am selling a 4 plex and want to 1031 into a couple properties. My question is whether one of those properties could be the current house I live in. I woul...
Hi, I recently discovered BP and have been listening to the podcasts and reading the forums. It's such a knowledgable community and I could use some feedback/suggestions on what a savvy investment move may be. I was...
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Hi CPAs, David Greene once mentioned taking 15 properties where you own them free and clear and doing a loan on one every year for 100k for a 15 year term and every year doing this with one of your properties to live ...
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Hello,I am a new investor and I have a question for the BP community. This year I will receive a sizable salary bonus from my employer. Through our retirement program we have the ability to defer 100% of our bonus t...
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I am buying a house next month with a rental on it primarily for the land value (urban Houston). There is a month to month tenant on the property which I will keep to offset holding costs while I design the home and I...
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We purchased our first rental last year and are eager to keep moving forward. In order to do this, we’ve considered selling our primary residence. We bought the home during the Great Recession and have made a consid...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $400,000
Cash invested: $30,000
Sale price: $605,000
I purchased a 2 family property in Malden in 2015. ...
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I have recently inherited a property that appraised at over 650K. This property is owned Free and clear and has no mortgage on it. It has a paying tenant in the property.
I really want to do a Cash Out Refi (aroun...
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I have been working on my fIrst RE deal doing a live and flip for the last 3 years and am just about finished with completing the flip. Bought the property for about 90 and put maybe 10 into the property. Local prices...