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Hi BP Community, Can someone please tell me if the 2% rule the same as the 50% rule. Can the 2% rule work for properties in Massachusetts since the prices of properties are pretty high? Thank you allTarcizio
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Is your overall wealth over weighted in Real Estate. Do you care or what is your strategy when building wealth through real estate.
My SDIRA is buying a foreclosure. Can I hire a corporation that my son works for to do remodel work on the property, my son would be involved in some of the work? Company owner says yes it is allowable, because it's ...
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I am trying to figure out the best option for dealing with profits and Uncle Sam! I contacted a CPA and he is $210/hour- egads!! Hoping all of the experts on here can help.
When it comes time to divide the profits, i...
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I have several family members want to fund my deals in the State. What is the best way to do that?Should I just borrow their money and wire to my personal account, then I transfer to my LLC? (they don't care if they a...
I found it’s very expensive to trade properties in the market, the property manager charges 13%+ and there’re thousands of council fees annually and the labour cost to maintain the property is huge. Does it mean that ...
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Im trying to analyze a deal, but im not sure i've put everything in the calculator properly. Its a 7 unit building where 6/7 units are rented. Asking price is $230k (i know they are willing to work down). Currently...
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My wife and I are about 3 years out from retirement. Both kids will be out of the house and we are looking to downsize. We have identified one of our rental properties to be our primary residence when we do this. We h...
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I'm trying to find my first property, buy and hold / rental. What is the maximum distance / time you would recommend my search be contained to?
As a related question, if I bought a duplex, am I on the hook for lands...
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Hi all,I'm looking to buy my first duplex and had some questions about the process of refinancing out of an FHA loan after 1 year of occupancy. My situation is this I have 10% saved up for duplex in either Oregon or C...