I recently read Robert K. "Rich Dad's Guide to Investing." Robert K instructed his readers to write 3 seperate financial plans. My wife and I want to buy a ranch in the west and start a ministry that is focused on b...
I understand from other discussions here on BP, that the IRS may have very stringent requirements for REI's claiming Professional Status to enable RE losses in excess of $25,000 per year against non passive income.One...
Is there an app or anything that would allow me to save the receipts for the projects I do? how do you save your receipts? Or does everyone just use a big folder?
Hi BP family. Wondering what others are doing to effectively pass their portfolio to the next generation, either currently held in personal name or corp. Considering reducing capital gains, probate duration. Is there ...
Hello,
I am a new investor and I am looking to use a hard money loan to purchase my first rehab property. I am looking to do an out-of-state deal but my head is all over the place right now. When I was trying to do...
I'm currently active duty military and am having to move next summer. I purchased my house last summer and have built around $80k in equity. My only hesitation on keeping the property is that I'd be having to manage t...
I was raised in poverty. The kind of thing you only really see in America today in families with trauma and mental-health issues, traditionally where the pop refuses to get help and the mom refuses to stop enabling hi...
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...
Phoenix, AZ, offers a young myriad of options for real estate investors, particularly in the distressed sectors. These properties include different foreclosures and those that sell below their market value. The proper...
Hi folks, Have a situation with my first ever lease. Tenant and girlfriend have split after living together for 12 months. Girlfriend is not on the lease and is not leaving the house. As per the tenant, he has to pay ...