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I'm a new brand new Real Estate Investor. I did my very first deal this past month. Bought a SFR (4-2) with a tenant already installed and approximately $450 free cash flow before repairs and Capex. I'm banking all...
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Hello everyone, my name is Tenzin I have a high ranch house in Suffolk co NY without any mortgage.. I am a stay home mother and my husband has started a new company beginning of this year, he is very busy and doing gr...
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Hey guys, long time BP member just refreshed my Pro account, but have not pursued any deals yet… My question is this… We are getting ready to move from Dayton, Ohio to Milwaukee, WI. I own a 3b2b in Dayton that I need...
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I have been reading for a while and I am ready to take the plunge, but I have several options and dont know which to chose. I have 100K in cash and own my current home with no mortgage, value about 150K. I am closin...
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My husband and I bought his grandmother’s house last year and have fixed it up. We decided to use it as a vacation rental to offset the costs of owning and maintaining it. Our fIrst guests since the remodel are stayin...
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Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...
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I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
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Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
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Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...
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Hello! I'm currently a student at the University of Texas at Austin majoring in Finance. I spend most of my time in between Houston (hometown) and Austin, TX. Due to a mix of scholarships and having parents that are g...