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Good morning all. I do like to share these as there are active and passive investors here on biggerpockets and these stories hopefully those may get some education on what to look for, or not to look for. While we nev...
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My wife and I have aging parents, so this is something that's been on our minds anyway. Now this article in today's Boston Globe discusses the huge need for affordable housing with resources for some sort of assisted ...
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Need a bit of advice on this... Here's the situation.About 5 years ago I took over the mortgage payment for my mother's house ( I don't live there, currently renting an apartment with my wife). I never realized this w...
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So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
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What are your thoughts on this? It is supposed to take start 2013.
You think this will actually go into effect?
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Hi All, my name is Solomon. I currently work full-time -- your standard 40 hours/week "9-5" (well 7:30-4pm to be exact). After reading Rich Dad Poor Dad, I'm determined in setting myself up for a good future by havin...
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i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...
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Hello all,
I'm talking with a seller who is fairly motivated as she is quite elderly (even has a great great grandson). She owns a few properties, each worth about $100,000 and is thinking of selling them. Sh...
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Imagining the beginning of a R/E investors career, what does it look like to pay yourself as an investor? To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit ...