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I’ve always been a strong believer in diversification, or in other words, not putting all of your eggs in one basket. Typically, when we want to learn about how to diversify our assets, the information provided throug...
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Hello BP,It is time for me to renew my contract with our tax strategist/financial advisor. We are upgrading our services to have them take over our accounting and book keeping as well. We are happy with their services...
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Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...
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Hello everyone,I'm considering leaving my company and going independent as a Financial Advisor. With experience as a Mortgage Banker in my past, I naturally have real estate conversations with my clients and think I ...
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Repost:
I have found a store front property that is FSBO in an historic district of town in the Greater Akron Ohio areas, asking 550k. Seller has 100% equity and is mom and pop owner. 8/9 units occupied. The basic nu...
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So, this isn't a scheme to evade taxes, I'm considering two possible scenarios so just wanted to get a high level overview if this would make sense legally. I'm considering either buying a vacation rental property and...
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This is a follow-up to my post last week about Flipping a house bought with Quit Claim deed. I had a trusted attorney use their trusted title search company do a title search on the property. Turns out the VA ...
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Hey guys,I currently own my home on paper but I owe 110000 to a private lender. I am paying a 6% interest only loan. My current payback method is saving and throwing chunks at the principle. Which leaves me with littl...
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Hello, I am an architect in NY and I am taking a leap into developing my first project which ideally is a distressed single family house in Westchester County, NY. A few prospects are on the horizon and I am looking t...
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Will the purchase contract from a bank say "delivering clear and marketable title, free of liens or encumbrances" , and if so, then why would I need to pay the cost and time of a title search on a bank owned property...