Dave Kennedy
Investing in Foreclosures?
Anyone here use this method? I think the traditional find and flip method is slightly more difficult in today's market then it was 2-4 years ago. House prices are stagnant/depreciating in most markets so finding that ...
James Greenwood
Newbie- 5 acre flip- offering owner financing- 1031 exchange
Hello!Seeking any advice from the pros on owner finance and 1031 exchange. Thanks in advance!I purchased an inexpensive 5 acre property out of state (1000 miles) for two reasons. 1 to gain experience and confidence in...
Brian Bandas
Flipped my first property! Learned about mindset and made $25k!
Hey BP community!Wanted to share this success with you...I flipped my first house--just closed on the sale this last Friday. I made $25k, which is pretty solid. What's even more exciting, though, is the implications: ...
RJ Dixon
Oh rats and rats and the law
Hello BP ! My question today is I’m in a bit of a pickle. I currently rent out a townhome. This townhome was previous treated for rats. I recently turned over this property and have new tenants in place. The tenan...
Jason Merchey
Fear of Failure - How Do You Deal?
It has taken me this long to get to Ken McElroy's seminal book, The ABCs of Real Estate Investing. I'm late to the party, I think! But as they say, slow and steady wins the race!Here is a good quote, taken from pp. 14...
Devin Hightower
Strategy to Prevent Over-Leveraging
Hello everyone!I currently have one rental property in addition to my primary residence. I'm trying to be deliberate with my efforts to acquire rental properties without exposing myself to more risk than I can handle ...
Ryan Walker
Disqualified Persons in Solo 401k
I am a realtor, My mother has a high value 401k she is looking to roll into a solo 401k in order to purchase rental properties for her portfolio. Am I prohibited from acting as the agent on these transactions?? I und...
Kim Bunning
Rental Properties in Boulder, CO?
We own two rental properties near Boulder, CO (Gunbarrel). Market value is about $550,000 (total, before taxes). We paid $108,000 for our first one (15 years ago) and $135,000 for the second one almost ten years ago. ...
Kate K.
Eviction advice for a property in Lake County, IL
I am trying to help an elder couple, who are landlords to our irresponsible and obnoxious neighbors, because the situation got out of hand not only for us, the neighbors, but for them, the landlords as well. Even more...
Brie Schmidt
Tax Questions about Flipping
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...