Hello, BP collective!I'd love to hear your thoughts on my moral quandary here:After researching quite a bit on wholesaling, I am really on the fence about going forward with it. It is fraught with ethical grey areas a...
My sister is moving to NY and was going to rent, I would much rather purchase a home and she will pay the mortgage as well as have another tenant pay rent that we will split. I know nothing about NY and would like to ...
NOTE: This Topic was split from the 50% Rule Discussion in the Landlording Forums
Richard I was looking at your site and had some observations and questions. Your an honest and open guy so I am sure your open to a d...
Hi everyone, I'm new to multifamily investing and my realtor sent me a few fourplexes on separate lots in the Chicago suburbs. I'm thinking about buying 4-6 of these fourplexes. I'm debating if I should get one commer...
I am hell bent on having granite bench tops. It's really expensive to buy new but I'm finding a lot of people selling it on craigslist.My kitchen is fairly small and people are selling large granite pieces as they are...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Hi experts. I recently found out how contributions work for a solo 401k and that rental income is passive. So basically I'll never be able to contribute my solo 401k in this entity. Not the end of the world, but certa...
Hi all,I just joined BP and am pouring through the beginner's guides, but wanted to introduce myself and ask some questions. I'd appreciate any help you all could offer.First, a little background. I'm a Naval Officer ...
I am currently looking for a multi-family house in the Somerville area and am running into an appraisal issue when putting in offers. I was just recently beat out on an offer as another buyer completely waived their a...
Hi Everyone! what are you all up to? living the dream?? 😃 I hope so, if not, I'd love try and help you get there, I myself am in pursuit of that dream! I plan on investing in the Seattle, Washington and surrounding ...