Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
I need advice on whether I should continue to hold onto my investment property or sell and "buy up".Here is the scenario. I own a condo in Brooklyn, NY, which I purchased at the end of 2008 for 940k. Today it is wort...
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
I'm curious to hear people's choices and reasons for using and/or reasons for not using any of the numerous self-directed IRA custodians out there.
This was the general question someone else posted (@Connie Tang), but since I ended up writing a novel with some Negotiation Points, I wanted to start a new thread.
Here it is:
Don't be afraid to approach the subje...
I always hear Kiyosaki (and countless others) talking about owning physical gold in addition to real estate. I get the thesis, but how does one technically hold, store, and (most importantly) SECURE physical gold hold...
Hello
I'm new to this forum. I've reading many post in the last 2 weeks and now have one question.
I'm living in one of the EU Countries and would like to buy some properties in the US especially in Detroit area and ...