I'm looking to House Hack as a start too my investing career, could I get a few tips to house hack in a very expensive place like Toronto, Canada. I have about $30,000 saved up as of now and I am a full time student i...
So myself and my business partner have run into a situation where we need some advice. We bought a duplex in August of last year in Spartanburg, SC. It's near downtown in a great neighborhood where it's mostly sing...
Early Retirement & Real Estate Exit StrategyI am new to BP. I have been investing in SFR (Buy & Hold) for 18 Years. Last 2 Years, I am considering different ramp down strategies on my investments with a primar...
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
For a STR is there a target % of purchase price that generally equates to a successful STR property? Similar to the 1% rule.
I have an offer on a house which was accepted and due to close next week. Today the law office emailed me to let me know that because the current seller acquired the property in a tax sale there is a "tax deed" on the...
Hi BP, Joined 6 months ago and learning quickly as I go. I'm at a crossroads and looking for advice. I'm in Northern California and have been looking at purchasing a 4 plex for the past 6 months. Going to an open hous...
You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...
My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
So, I went to a Lifestyles Unlimited 2 hour intro this morning in Dallas, and I want to know of any experiences anyone in the BPverse has had with this organization. I enjoyed the emphasis on cash flow (I'm a cash flo...