Michael Svoboda
Building a Plan & Direction
Hi BP community:I've been using a phased approach to start my real estate goal and looking for your input, please.The first step was to move out of state that charged ridiculous property taxes and since we're empty ne...
Logan M.
Just closed on my 8th Mobile Home Park Community, here is what I would do differently
Lessons I learned the hard way so you don't have to.
Leverage Seller Motivation for Better Financing Terms:
One of the crucial lessons I learned during this purchase was the importance of recognizing seller motiva...
Bryan Hancock
Becoming A Millionaire Is A Letdown
I read this article this evening and figured folks on BP may enjoy it. He does a good job of highlighting the key elements to becoming a millionaire for most "ordinary millionaires" that don't get a lot of media hype...
N/A N/A
capital gains vs straight income q
Hello Everybody,
I'm new to the whole REI stuff and wanna run a scenario by you.
Im considering purchasing 40 acres of land, the land has approx 700 ft of frontage so ideally I'd like to sever 3 seperate lots. I und...
Corey Dutton
Bank of America is a Nightmare to Deal With for R.E. Investors
For real estate investors who are trying to get a deal from the bank, the worst bank to deal with is Bank of America. It’s a wonder that B of A is able to get REO properties sold at all, given the extraordinary amount...
Randy Marshall
Should or how can I use my 401K for my first deal?
I've currently got a 401k with my full time employer (also part time RE agent). About 2 years ago I decided to change my allocations to Roth 401k. However, 8 years of automatic enrollment had me in the pre-tax plan an...
Julio Gonzalez
How to Choose a Cost Segregation Company
Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...
Dale Walker
1031 Exchange Question Multiple properties to sell and buy 1
Question for you 1031 experienced investors. I own 3 rental properties (duplexes) which I would like to 1031 into 1 larger purchase (12 plex). Can it be done or is it a 1 property for 1 property deal? Thanks for any a...
Kerry Arm
Pre-Foreclosure (Purchasing from Family Member home needs repair)
My elder Aunt has a home that is in the Pre-Foreclosure stage and she would like to sell it to me. Found Multiple issues after little research. The house needs about $70k to $100k in repairs and the current mortgage ...
Alex Deacon
Pittsburgh Hot spots
I am seeing a spike in prices over the past 5 years in about 7 different areas of Pittsburgh. I try to focus on those areas but sometimes I feel its too late. I want to get there before the hype. I am trying to hone m...