Susan K.
Paying taxes on Flips is it worth it as a business?
If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
Account Closed
First time investor: Need some guidance
Hello my name is Rudy and I've been given the opportunity to acquire my first investment property. A little description on the property. It's location is 7774 Maple Ave. Fontana Ca 92336. Sellers price is $168,000. L...
Srikanth Chong
New Braunfels rental market
Hello everyone!
First post! And probably I’m ready for my first real estate investment!!! Always hesitated mainly due to fear or lack of knowledge. But I guess it’s never too late when it comes to RE investment!!Came...
Joel Adams
What now?
Hello all! I have been an active listener to the BP podcasts the last few months and now i'm finally getting involved in the forums. I have 2 questions about my current status as a novice real-estate investor and look...
Jason Young
Buy and Hold Strategy or Fix and Flip advice
I'm having second thoughts on my B&H strategy and thinking of doing Fix and Flip instead. What do you think?My B&H strategy is as follows:I have a HELOC currently pending approval, when I get the funds I will ...
Autumn Kim
Is it a bad idea to buy a house with squatters
I recently started to have an interest in houses in Philadelphia and I noticed that there are some cheap houses there with squatters. Is the process hard to evict the squatters in Philly? How long and how much does it...
Suade Anderson
Property Manager Tax Deductions
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
Joshua S.
HELOC Mortgage Payoff
Hello, everyone. I'd like to start off by saying that I've already argued with people on this topic and I'm not looking to do that anymore especially with the same people since I've learned everything I can from them....
Christian Malesic
How to Research
...without leaving your office.
A fellow BP poster sent me this via email:
A quick question for you. In a post you mentioned that you can complete due dilligence on a property (minus the inspection) in about three h...
John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...