Clayton Coombs
How to avoid taxes with primary income from flipping properties?
Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
Ben Leybovich
Flooded Basement - Welcome to the Life of a PIG - DON'T BUY PIGS in OHIO
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
Dion DePaoli
Loan Investing....do you even workout, bro?
A humorous tag line but a series topic. (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...
John M.
Where to invest -- Good areas/Bad areas
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Eric Eastman
Kiyosaki on Real Estate Guys Radio predicting massive crash
Just finished listening to the 1.22.17 Real Estate Guys Radio podcast with Robert Kiyosaki. On it he said that basically we are currently in an economic situation akin to 1928 and 1929 is approaching rapidly. His argu...
Andrew McManamon
Investing in Bitcoins
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Brandon Schlichter
My 2015 Goal : 50 Units by end-of-year
Current portfolio metrics :10 Properties15 Units17.15% Un-levered ROI average per home56% Average equity increase per rehabThis is a hybrid kind of portfolio. Our plan is to buy SFD & Multi-Family properties from ...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Yongming Huang
Why are real estate agent commissions so high in the US?
I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...
Branden Sewell
That didn’t go as planned!
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...