Hello,
I am seeking advice and ideas for my next move in the real estate industry. Let me provide some context. I am a 25-year-old mechanical engineer earning an $84,000 salary in the vicinity of Dallas.
My primary ...
My wife and I are looking to take advantage of long-term, low fixed rate financing.
Currently, we hold 3 duplexes and a SFR in commercial mortgages. 20 year note, fixed 3 years at 5.25%
We inquired about refi to g...
Hello there,I recently (last week) started a new job with a 50% salary increase (going from 50K - 90K, from a not-for-profit startup to a much more established not-for-profit). I'm looking into options for financing a...
Lately, because of the large amount of confusing and low quality information I have read online and my inability to access my book collections, I am confused about taxes.
I have the following questions:
1. Are there...
I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...
I have been successfully investing in rental properties for approximately 20 years. I personally own 11 doubles, 2 condominiums, and have completed 4 flips with moderate success. 2.5 years ago I retired from my job af...
As always, BP is the place to seek wisdom... :-)Lets assume you make a good salary (very relative, but what ever you think is good), would you take a larger salary and move towards greater career growth or stay in yo...
Hello BP, I recently purchased 2 homes, one for living and the second one for investment. Close to Miami (Florida). I would like to know how are you doing with your taxes? All the CPA's I have contacted don't seemed v...
Hello everyone,
I've got a house with a walkout basement apartment under contract with a wholesaler and scheduled to close next week. I have it locked in for $245k, the rehab will be around $30k, and ARV should be no...
I would like to purchase an owner-occupied property in the near future. Problem is I am self-employed and I don't pay myself a very high salary. I keep the majority of my profit within the business to keep income tax ...