Oneil Guntner
Roth 401K Match versus save up cash at a more rapid pace
I have been contributing to a Roth 401k at work. In order to get the full match I put in 6% to get a 4% match. It has built up to almost $9,000. I read Scott Trench's Set for Life for the second time the other day and...
Tony Roddenberry
Taxes on sell of property
I just sold my first flip! Was able to get a great deal on a MH and turned it for a great profit. Was all in at just under $50,000 and sold it for $75,000. Now for the sad part..... TAXES. How much should I set asid...
Monica Mason
To sell or rent? How to get $$$ out of a property..
Backstory:We bought a property with the intention of flipping last October. (bought $305,000 put in $50k, ARV $550k) Bought with cash. Got a great deal and planned on spending a year fixing it up (mostly my husband...
Yvonne Hall
2 properties on 1 lot, good first home/rental?
My bf and I are first time home buyers and are interested in house hacking and/or multifamily in central FL. We found 2 single family properties on 1 lot seller is asking 245k (description below), we want to live in t...
Cameron Snyder
Creative ideas to cut back on renovation budget
Hello! My husband and I just closed on our first property to flip and we are beyond excited! We're in a very competitive CT market and I am sure paid a bit too much but we are thrilled to get started and learn from e...
Mackenzie French
New investor in Rhode Island
Greetings!My name is Mack and I am a new investor in the Providence Rhode Island area. I heard about BP from my Wife's uncle who I just met on vacation in Canada. He is an Investor in Durham NC and filled me in on thi...
Tom O.
NEWBIE - Out of State - Duplex
So I just got an offer accepted on a duplex about 7 hours away so I'm in it now. I have 3 questions and would welcome ANY other advice you all have. 1. Do you all have any suggestions on how to either budget for or...
Chris Pelletier
Wholesaling a property with back taxes
I am looking to wholesale a property with back taxes. We are looking to assign the contract for a couple of thousand more than the back taxes. Has anyone ever done this and what kind of problems did you encounter? ...
James Newkirk
Non resident out of State California property owner tax question
Hello Everyone,I am an active duty member who just go re-assigned from California to Virginia. I am trying to rent out my current residence in CA before I leave. I was just informed by my property manager about a CA...
Adolf A.
How can I legally abandon my vacant lot?
I have a empty residential lot in a good neighborhood that I bought for cash, thinking to build a spec house on it. The reality is the lot is too steep (needs grading, piers, sewage pumps, ect.) to build cost effecti...