I have loaned (2nd position) to a flipper using my SDIRA. A hard money lender was utilized for the 1st position loan. The property was purchased around mid-August 2018 and placed on the market in November 2018. It is ...
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
Hey everyone,
I am needing some guidance on what you guys think about moving forward with a purchase on an investment property. I will be staying at this place 1 week out of the month in a basement that I will be fi...
I'm really curious to get opinions from other buy and hold investors with numerous financed properties in their portfolios. Currently, I'm in a healthy financial position, and I have 6 rentals that are all cash flowin...
I’m a new investor looking to buy a STR in the Gatlinburg area. One of my hesitations is knowing what will happen to demand during a recession. The STR market in Gatlinburg seems solid now, but how did it hold up duri...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
Hello,How are you guys determining when a proper/ty has maxed out its value from the market recovery and its time to sell ?How are you detetmining when we are close to a peak in the housing market? or how do you decid...
So after a recent call w our amazing accountant he said something that hit me hard. he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...
I'm not sure of what my opinion is on this, and would like to see what others think on the matter.
Here on BP, the mass majority of advice and articles are focused on cashflow. I see the obvious benefits of cashflow,...