I realize no responses to this thread are legal advice. I also realize it's impossible to offer a precise answer as my tax situation is unique.I have a 401k from a previous employer. I'm considering liquidating funds ...
Investment Info:
Other buy & hold investment.
Purchase price: $155,000
Cash invested: $170,000
Purchased this late 1960's gas station in an up-and-coming area in Southwest, Ohio. I knew I had a t...
It's a good time to be on the sidelines and earn some cash while continuing to shop around for your next real estate deal. A high paying money market account is a great way to place your money. Unfortunately a lot o...
I have done some searching, but I did not find the answer I was looking for on this topic. Lets just say I decide to set aside $300/month for 12 months and I show it as an expense on the P&L. Now it is tax time! I...
Hi BP folks,I'm completely new to real estate investing, so I'm still in the process of learning the ropes. I've learned a lot from the forums and podcasts so far, but before I pull the trigger on my first property, I...
No to real estate investment for the timebeing for me at least ( temporary)Because I already invested and I want to see how the market is doing, I want to learn more, networking.I am against real estate gurus who says...
The formula:
ARV - rehab costs X 65-70%= purchase price is hard to attain in the current market. I think as of RIGHT NOW, its more like:
ARV - rehab X 75% = purchase price (too really have a chance at getting the p...
Hi Everyone!I just refinanced my duplex (owner opp) from an FHA to conventional to take advantage of lower interest rates and get rid of PMI. My goal is to acquire 1-2 residential multi family this year. Im consideri...
Folks I am a new investor and this is my elevator pitch. If anyone would, let me know how I can improve it. Thank-you in advance. "We help folks that are in some kind of financial distress and need to sell their h...
Hey experienced wholesalers. Can you please tell me any ways to find killer deals when my supply of cash is limited. Any suggestions would be excellent! Thank you.