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View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP!I am new and have a few questions. Bear with me here and apologies in advance for t...
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Hello BP family, question for you.So I am about to make offer on my first MF units in state of Illinois ( I am in CA) I was told that I should open LLC and have property under for tax and liability purpose.So my ques...
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Howdy, Being new I have a lot to learn but i want to walk through an exercise to analyze a deal that with my numbers do have a very good return but being human I'm sure i will make mistakes.Property - 2/1 single famil...
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Hey is there anyone on BP familiar with the actual process of wholesaling a REO occupied property? I ran across the property today while scrolling through a nice neighborhood here in Atlanta. I wrote down the addre...
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I'm a Financial Advisor in the Greater Nashville, TN area and focus primarily on serving Small Business Owners and Real Estate Professionals. I help Real Estate Professionals because I've been in the industry for sev...
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Hoping for some tax advice. My wife and I are young professionals. Our income is around 300k combined, we file joint. We have two rental properties. We gross 17,800 on one and 60k on the other, so total rental income ...
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I'm trying to figure out how to interpret the 1031 exchange rule that the new property being purchase has to have at least the same value as the property being sold. Is this based off of the price you paid for the ori...
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Wife and I are getting close to finalizing our first purchase on a single family investment property and title company want to know how we would like to title the deed. I never even thought about this and wanted to s...
I own 8 properties in a self directed IRA. I am interested in selling one or more, but I want to carry the paper for a continued income stream. My questions are as follows:How would the transaction be handled from a p...
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I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?