Here's a topic I have not seen. I currently live in Texas and our son's first choice school is in Indiana. I am originally from Indiana and still have most of my family there - so I do have connections that would he...
Tenant sent me an application to rent my property:- his income is $18K/year but the rent is $3.1K per month! - but….tenant has a local business and said he doesn't pay himself much salary- tenant is willing to pay 2 m...
Hi BP,This is my first post started looking into real estate investing last year. I read many books and listened to many podcast and audio books. I also joined local meetups. I just listened to J. Scott podcast and I ...
Hello all. I am looking to get into my first investment. Currently, I am exploring the possibility of partnering with my brother on the purchase of a duplex. The tentative plan is for the duplex to be in his name w...
I live in Texas, can I Quitclaim ownership of my home to my son without problems before I get married to keep it out of a new marriage?Would it cause problems for my son?Also, I still have a mortgage, will that be a p...
Hi bp family I was told that you should wait 1 to 2 years of tax filings before buying another investment property because buying too quickly can put you in a different income bracket and raise tax liability.? I bough...
Hoping someone has some ideas for lending as we’re at our wits end. I’ll try to keep this as concise as possible. I have been a self-employed web/app designer for 6 years and been in the same line of work for 20 years...
I have recently opened a Home Equity Line of Credit and wanted to hear people's opinions on using a HELOC to purchase an investment property. Interest rate is low and if I can find a property that cash flows more than...
I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...
Seeking advice on a possible Owner Finance deal from another investor. Both of these homes are on Zillow with a bit of information and from what I can see there are pros and cons with the deal. Pro: 8k as a down payme...