Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
Hey BP,Purchasing a 2nd home with 2nd home mortgage, but using the home as a STR. 1. Can I use depreciation of the home to offset rental income gains? 2.How do I take advantage of tax deductions if purchased as a 2nd ...
Situation: Unoccupied brick triplex (3000 sq. ft) in blue collar area of town. Landlord is tired of being a landlord. Has a growing family and wants to sell for what he has left in his loan-$60,000. I am trying...
Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
Hello all,
I'm a newbie (2nd post), and I just really appreciate having this forum and all the wise folks who take the time to participate!
First of all, I would like to show off my fancy new unicorn that I bought...
Hey guys, I'm just getting started with real estate investing and want to get started on purchasing my first rental property. I am a relatively young investor (22 y/o) and was looking into the Mountain House area as i...
As far as I know, every fiat currency has fallen since Julius Caesar invented the first. The "Apocalypse thread" reminded me of a question I have been wondering about for a long time.
This is the digital age and curr...
Hello all! First post here and hoping to get some insight. This is a very informative forum to say the least. Here's my issue - My son and I have decided to get into the tax sale game after discovering a certain house...
Hey BP, I know this partnership subject has been discussed thoroughly throughout the years, but hoping to get some advice here. I have a coworker that I've been discussing real estate investments with for the better ...
Looking to use a friend's money who is interested in investing to buy rentals and flips.
Two questions:
1) can I borrow money from him, like an unofficial hard money lender, without us being in an LLC together? He...