Jae Kim
Refinancing Rental Property
Hi BP fam!I’m pretty new to real estate and I’m hoping someone can help me understand the refinancing part of BRRRR. Let’s say that I buy a $700,000 house with 20% down. I rehab the property for $80,000 and rent it ou...
Josh Otero
What’s the hardest part of being a property owner?
Hi my name is Josh and I wanted to ask property owners, what’s the hardest part of being a property owner?
-Paying all the taxes, maintenance and insurance
-Finding a renter
-Worrying and wondering each month if th...
Dan Trinh
Do i need to create a business to deduct business expenses?
Hi Guys,This is a question that has always been on my mind but i can't quite seem to find the answer too.Currently i own a few rental properties in Las Vegas. I live in California and would like to go to Las Vegas to ...
Paige A.
New Graduate: Invest in Real Estate or Invest in 401k and RothIRA
Hello everyone, I am a recent graduate from college with a job that is paying decently well, approximately mid five figures. I have saved a lot from working throughout college and have approximately 20K in savings. As...
Zach Fulton
What do you think about this deal?
This property is well below market price because I am buying from a wholesaler. It is right in Greenville, 5 minutes from downtown. The property has new construction homes all around it and is in a very desirable area...
Laurence K.
BPO not even close to true value
I'm an international investor from Australia, I purchased my first ever note in November 2015. It was a non performing first mortgage with an UPB of 116k, secured by a triplex in Luzerne County, PA. It was in the fina...
Adriana McLaughlin
New investor: I don't want to quit my W2 but want to max investing to offset taxes
I have a W2, but also have a real estate license, though I work very little in actually selling real estate. I just bought my first investment property in Chicago, and have been busy doing minor repairs, furnishing it...
David Morgan
Self-directed Roth 401(k) questions
I have a few questions about investing in real estate with a Roth 401(k):
1.) If at age 45 I buy a vacation rental, and at age 59.5 I want to start using it for family vacations, would I first need to distribute the ...
Kim Livingstone
Best system to collect rent, pay bills and manage property
Any advice on choosing the best system for collecting rent and paying bills? I'd like to have renters submit rent payments directly into an account and want to be able to produce tax documents at tax time. System shou...
Mike S.
Roth 401k vs deductible 401k + conversion
I was usually using option 1, but I was recently introduced to option 2 and would like to get feedback on its caveats:Option 1:- Contribute to the Roth portion of a 401k (lets assume $50k)- Invest this $50k in a syndi...