Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...
If you had a $3K per month marketing budget, how would you spend it to create a consistent stream of motivated seller leads month after month? I've been investing for over 15 years but most deals have come from wholes...
Hi everyone,I purchased a house with cash for $100K in 2014. I spent another $50K to remodel this house. Do I need to report the following to the IRS on my 2014 tax returns?:(1) Purchase of this house for $100K(2) Ano...
Hi BP,
My wife and I are looking to start investing in real estate. She is a corporate lawyer and I am a physician and we realize that we want to be in charge of our own income stream and not at the whim of those ab...
Hi BP,I am currently going through a mortgage refinance with a national bank on an owner occupied property which has a HELOC in the 2nd lien position with an expected closing date of Feb 25. At the time of applicatio...
I see owner-finance deals everywhere. Do people just not know/care about Dodd Frank? Am I missing some great loophole that's allowing people to act as a lender?Disclaimer: I didn't even know Dodd Frank was a thing unt...
Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
I have taken the forum's suggestion and I am attending a local REIA meeting tonight.
Just starting out, what kind of information should I be trying to learn or talk to people about. I'm trying to think of topics I ca...
Hello everyone, and I would like to Thank You ahead of time for your responses!
Recently, I have been spending anywhere from 5-7 hours per day reading RE books, to watching videos on YouTube and most recently...
Wanted to get some insight on people's experience with cash out and refinances for rental properties. I currently own 3 properties soon to be 4 next week and I'm trying to look at some of the best ways to cash out on ...