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I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price. There is still a lot I have to learn, so my question is going to be as basic as it gets. I nee...
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Hello, I recently got a $500,000 (full equity) condo in California and $200,000 cash. I am 21, have a 751 credit score. No Job, but planning to get a Computer Science degree as a margin of safety & then use it to ...
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Hello everyone, I am trying to get into tax deed/sale, and had couple of questions. I understand every state has a different law in terms of tax deed/lien, and they go based on that. - I have encountered states like P...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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Hi All, I own a rental townhome in San Jose, currently vacant as I was in the process of selling it. My tenants moved out today (6/15/2015). The market is super hot so I should get at least 20% over what i paid for it...
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Backstory: I'm in the process of selling a property that has had a significant amount of appreciation. It was purchased as a primary residence and I "house hacked" it for several years before relocating with work an...
I have been looking into diversifying into some passive income from real estate. I have $120k in company stock which I liquidated this year since the stock is trading at all time highs and next year isn't looking goo...
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I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...
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Howdy BP community,
I'm helping my parents navigate a retirement real estate purchase, as they look to flee the scorching summers of Texas (also apparently winter-storm-ravaged at this point). Right now they are co...
About to screen a tenant for a rental. In addition to asking for their credit report, employment & rental history and contacts, can I also ask them for 1 or 2 years tax returns to verify income?