Account Closed
Short Term Rental- 30yr home loan allowed! Do I need to buy this?
I live in a major vacation destination town. I believe RE prices are still pretty low and will grow a lot. I'm 53, with few assets, no debt, and want to get into the market now.I can't afford to buy a home AND a r...
Holly Williams
Passive Investments Enabled Me To Quit My Job Last Week
I began investing in syndications as a multifamily limited partner around 5 years ago, and the passive income that I'm making is enough that I was able to quit my job last week. I'm 56 years old, and I was an accredi...
Ricardo A Perez
Do you pay taxes on cash flow ????
Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
John Umphress
Just closed on 72 units in OKC
Been a while since I have posted, as I have been busy! Closed yesterday on two 36 unit MF complexes in OKC (portfolio deal.) This was a 1031 exchange using money from the sale of a property in Austin with the differ...
Zach Rubin
Extra Payment on first property or waste of time?
Hello community,The wife and I just purchased our first property that will be our primary for the first year or two on a FHA loan. We do plan on refinancing it after that time due to the ideal interest rate we are pro...
Kevin Nichols
Exit strategy
So...I just started REI in late 2014 and have 3 "C" properties that cash flow well, but are in "OK" areas of my town. I have a few landlord friends in town who own 13 and 18 properties....they are in their mid-50s. T...
Alan Charles
What makes multifamily the best game in town.
Can anyone tell me why they think multifamily apartment buildings or complexes are the best game in town when it comes to investing in real estate. Could it be that a larger building of say 50 units plus has only one ...
Joshua Martin
Flip, Rent, or BRRRR?
Hey Gang, So with this one I'm basically wondering what you'd do as I'd like to have an exit strategy plotted out before moving on it, and I see several options all with early implications. I plan to send an offer of...
Mike Eichler
Why I like STR much more than Long-Term Renting
I've been involved in Real Estate for a year now. I jumped right in with a Short term rental management company (Liberty City Living). Throughout my time it was very fun to watch the company grow from a mere60 units i...
Lisa Jones
Investing with debt?
I have credit card debt, student loans and a car loan that's upside down. Between my fiancee and I that equals about a total of $56000 in debt. Should I spend time agressively tackling debt or focusing the time and mo...