I own a few rental properties here locally by I’m thinking of buying some more in another state. My question is what are some of the mistakes that newbies make when investing out of states?
Hello BP,The other day I was watching my favorite show, "The Grand Tour" (a spin-off from Top Gear), which is a hilarious car show where they test many different types of cars and supercars. Jeremy Clarkson, the sarca...
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
Hello everyone! My name is Lisa and I am completely new to BP and completely new to REI so my sincere apologies if this is in the wrong place or if I am repeating what others have already spoken about. I took a 7 day ...
We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...
My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
Yes L.A. and the OC are great places to live but not the greatest place for the average real estate investor. I did say average because those with cash are still buying. Some are even tearing down the old replacing ...
I have a few questions about Self Directed IRA's and was hoping that some of the BP community could help me out a bit. 1) Question's for ME: So, I am in the process of becoming fully self-employed. I currently have 2 ...
Here is your scenario – Your financial standing is as follows:
$80,000 in cash savings$70,000 household salary (will be $100k+ in 3-5yrs)$20,000 debt (school, cc and medical)$0 assets You are married with no ...