James H.
To pay or not to pay off your primary residence
This discussion was cropping up in another thread about a different topic, and I wanted to hear more feedback from other members about what they prefer. As a primer, I am going quote @Rich Weese contributed as I find ...
Patrick Fraire
Negative $800 cash flow/month to help family friend?
What’s up BP fam. I have a situation on my hands and am looking forward to getting your input. So my girlfriend owns a condo she recently moved out of. The condo is located in the city of Orange, California. She purch...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Greg Lovern
Flippers: Do you sell FSBO or use a seller's real estate agent?
As a flipper, do you sell FSBO or use a seller's real estate agent? Does a good seller's agent raise the realistic selling price by the 3% it costs to hire them?I'm assuming you expect to pay the buyer's agent's 3%, o...
Scott Passman
Trusting "deals" as out of state investor
As a new investor looking to invest out of state, I'm finding it very difficult to know when a deal is actually a deal. I have spent a lot of time tracking the MLS, Zillow, redfin etc. and reading up on the varying ne...
Jj Horst
Is "Cash for Keys" ethical? Thoughts?
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
Javon Varona
Than Merrill or REIA Meeting?
Okay, so I've been going through this forum for a few days now. Some of the most important information I have gotten was from Mr. Joe McCall. Just genius information that has assisted me with the information I have be...
Bruno Tavares
Impossible to invest for cashflow in California? Maybe not...
Hey there!I've read quite a few things here and there and it seems that there's a consensus that California is terrible for cash flow investing. But I got caught in some interesting stuff.Sure, Bay Area, LA, Sacrament...
Account Closed
Increase HELOC or Cash?
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
James Carlson
DSCR loan (or other loan) for vacation rental in Mexico?
Does anyone know of lenders out there that will loan for a vacation rental in Mexico? My wife and I are looking to purchase a condo in Puerto Vallarta. I wonder if there are DSCR loans for STRs/Airbnbs in Mexico? Or s...