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I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
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Hello world! First post on BP. Be nice.First, a quick note about me. I'm a formerly-retired lawyer (UT-Knoxville law school) who is now practicing again primarily for the purpose of rebuilding an investment stash I lo...
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Hey friends, my name is Alex and I have been around BP for about 7 years. I'm an investor, I have been on the real estate podcast, I write for the BP blog, I'm the photographer for the BPcon event, and I absolutely lo...
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Hello Everyone.
My father has a rental home which neither he nor the tenant are maintaining. I have already tried to purchase the property from him at an agreed $60K (Appraisal is $100K+) to repair and hold a...
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Hello,I'm currently in the process of trying to add a rehab property to my portfolio and use the BRRRR method on it. I have a HELOC on my primary residence that I plan to use as the 25% downpayment, then finance the r...
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Hello BP, My name is Cabrin Mills and I'm an investor here in Kansas City. I am currently negotiating the purchase price on two properties, for the purpose of wholesaling. Both of theses properties are multi-families....
Hello all,In your experience have you found Zillow or any other site's online estimate of a property to be fairly accurate once you had a formal appraisal completed?If not, how far off was it? I know they can't accoun...
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Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...
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I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...
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Hi all,My wife and I are getting started with rental property investing, we've done some research, gotten with a pretty motivated agent and looked at homes (single family/multi-family) all over metro atlanta, and we r...