This site has lots of discussions about deals and rental incomes but fewer on the benefits over decades of being in the business.
As I see it
1. Rent, after expenses
2. Taxes, depreciation.
3. paying down you mortga...
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Good morning BP members,So I am really trying to nail all the details about how seller financing works.What I am still fuzzy about is:1. Does the seller work with a third-party mortgage loan company to establish the l...
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Has anyone done a BRRRR with seller financing? Was it a success for both sides? What were the pros and cons? I was thinking that this could benefit both parties in ways of, on my end I could save money with not having...
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I am working on purchasing a 700sq/ft cottage (second home) that I believe fair market value is ~$210K-$230K, however, the buyer bought it in 2021 for $225K (and put about $15K into it) and a realtor told her it is no...
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hi, I bought three properties 1+ years ago through a turn key company. It hasn’t worked out as I’ve liked so the turn key provider offered to buy them back from me for the same amount that I bought them for. This ac...
Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...
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My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...
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With solo 401K money, I have been told that if I want to purchase a property with another individual and have both of us on the deed, each of us must invest the same amount of money. Is that correct?
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hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we can sell it for $700K and get an equity o...
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Buying property with my father to develop. Some questions:
Is there a way that my wife and I could still garner the $250k / $500k capital gains benefits (after living there for 5/5 years) as an LLC?
Also, my unders...