Ben Booker
Exit Strategies - Capturing Appreciation on Primary Residence
Hi Everyone,Situation: Right now I am working in the San Fernando Valley (just north of Los Angeles) and living in Santa Clarita Valley (just north of San Fernando Valley). I own a 2b2b condo in Santa Clarita which I ...
Elie Merisier
Professional Career Advice
Hi, I hope you’re well.
I am currently 22 years old and recently graduated with my bachelor’s in accounting. I am currently taking the course to become a licensed real estate agent. I currently work a W2 Internship a...
Barry Je
Mentorship Programs - value?
Does anyone have experience or know anyone who has used mentorship programs in the past? Any specific ones people would recommend?The more I learn about this stuff, the more questions I have, and the more research I ...
Assaf Furman
Simple case where a 15yr mortgage is better than 30yr
In a recent article, @Scott Trench discussed the advantages of a 30 year note over 15 year (or lower than 30 in general). While I agree with most of what's there, I'd like to discuss a case where to me at least, it se...
Christian McGlade
Purchase Rental Property in Dallas
Hello. I am looking to purchase a rental property in the Dallas Fort Worth area, although I am open to other Texas cities. I currently live in Sacramento & San Diego; it seems as though, however, that Dallas is qu...
Matt F.
Who gets late fees collected by property manager?
For those of you using a property manager, if there is a late fee assessed for late rent does your property manager keep that fee or remit that to you? My tenants were late and a 50 dollar fee assessed and I was surp...
Andrew M.
starting with a shell
i would like to rehab a property so i can make some money to get into renting. i am currently 18 and in college and have very little money. because i have such little money i want my first property to be the cheapest ...
Jeremy Bernard
tax implications on a 401k early withdrawal
Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...
Alan Hicks
Thoughts on Pure Rental, or Fix/Flip ?
I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
Luis Castillo
Tax consecuence of long term lease/options.
Can someone give me a general answer to the following situation.
Let's say I buy a duplex for $100k and I give you an option to buy it for 20 years.
As option money you give me $20k. I purchase it with a 15 year ful...