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I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
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Real estate is a good enough investment as is - why tell people fairy tales?First off, I am talking about pure passive investing. If people want to get into the real estate BUSINESS, and do all the labor that is in...
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I'm in Southern CA and realize, based on the Podcasts, that the 2% rule can still be found in the Midwest or perhaps FL. Since the market has picked back up, I'm wondering if it still exists...generally? Or have other...
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I am new to the BP forums as well as real estate investing. I have a date set in which I would like to have done my first deal by (first of 2019). Being in this stage is exciting but also somewhat nerve wrecking.
I w...
Hi Everyone -
I recently joined the BP community and I am looking forward to networking with like minded people.
My partners and I have recently purchased 3 properties in the Philadelphia area. As part...
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Hello allIm an investor in Chicago and have done pretty well over the last few years. I am thinking about selling and investing out of state but am just not sure where. The main reason for this is that taxes are way t...
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Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...
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In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...