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Hi BP! I have a little bit of a choice personal problem. I grew up in a remote part of TX surrounded by acres and acres of land. It's been cut up, sold off and dispersed through the generations but our little piece is...
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I’m in the process of replacing a natural gas furnace with a more climate-friendly option; specifically, an air-source heat pump or electric furnace.Given the reduced energy needs and minimal environmental impact of a...
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Cash Flow property question:Seller has a property listed for $39,000. I saw the property, and estimated $65k in repairs. This wouldn't work as a flip, but what about as a cash flow property.3/1ARV - $72kRepairs - $65k...
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The result of the cap rate calculation is important because it provides investors with a lot of information about the value of the property, the risk in acquiring it, and its potential return. For example, a higher c...
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How do these two rate as first time investments?
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Hello AllI'm in search of a good and fair mentor. I'd like to expand my holdings. Also in search of an agent that will list an occupied property (63125).Thank you!
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Hey BP. I'm Michael Johnson, Long time listener, Newly active member. I am planning on pulling my investments out of the stock market, to get started in real estate investing. I've basically renounced my old life and ...
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I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...
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First time posting. Would gladly welcome feedback. Bought a 6/6.5, 3,600 sq ft home second row ocean facing Feb 2022. It is cash flowing very well. First yr 160k gross (end of May-December) and this year already over ...
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I started doing private lending in 2012 with my Solo 401K. I has been a steady source of income into the retirement account. My CPA states this actions falls under UBIT? I have been led to believe it is not and does n...