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In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
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I would like to start my own construction I already have the inventory - Land The idea is to build 5 - 6 new homes each year and buy 5 to 10 new lots each year. Finance is already in place for these projects but ...
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Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
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Hello Everyone plenty of great information here...and lots of great advice so I have a question I need some opinions on...I am currently selling a 4 Plex and a 3 plex I own in Hamilton Ontario Canada (Outrageous pri...
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Hi,I own 4 two-bdr units in Vancouver BC. Our market here is purely appreciation/principal pay down strategies for investors. Now I want to invest for cash-flow so my wife doesn't have to work anymore, I am looking ...
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Hey All,
My fiancé and I are both in healthcare (PT and nurse) and, after the pandemic, are feeling the burnout and eager to check out alternative ways to make money/achieve financial independence in addition to cont...
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Hi BP Family, Since we have seen a incline in our prices rapidly I'd say from 2011 it's now 2015 how long do you guys think this will last? I bought a property in the Bay Area in Jan 2011 for $179k there is a flip pro...
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I know the topic of LLC or not has been discussed more times than I can count here a BP, so I hope this discussions does not become a debate of whether or not rental property should be held in an LLC. My particular qu...
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I just had a prospective tenant tell me that he would want to pre-pay the yearly rental fee in cash upfront because "that is just the way he does business." My gut tells me that this is a red flag. I would still scr...
I did a quick search in the forums and couldn't find a discussion about gentrification. I live in New York and this is a HUGE issue because basically the only "affordable" real estate is in primarily minority areas. T...