I recently started flipping real estate in my free time. 3 homes in just over a year. The last home I purchased I have decided to keep for my self and live in for several years. With the profit I made from my flips I ...
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Hoping a RE CPA can help answer this question. I have my SFRs in an LLC. but not in a "company" as I don't qualify as a RE Pro. Currently, our rental income is counted as passive income and flows into our regular (...
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Hey, first-time poster and investor here hope this post catches you all well and isn't too repetitive or long if it is apologies, and feel free to just link a post. Let me get to it I purchased my property using the V...
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I received a phone call asking if I can help them with their problem . Their problem is that she moved hasn't paid her mortgage since June 2016. She got married and moved in with her husband, who lives an hour away...
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I have a motivated seller in Ca who wants to sign over two Condos to me for $60,000. This would be my first deal, if I can put it together. What would happen if I cannot find a buyer in time to assign the deal? Shou...
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Hello BP friends,Great site.. I love it so far :). Sorry for the long email but I feel putting one-liner general email is not very helpful to me or other here. About me Newbie investor in RTP/Raleigh, North ...
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It's been a while since my last post so I thought i'd post an update on how things have been going for me in Kauai. In the last 6 months i've acquired two more short term rentals in the Poipu Beach area and completed...
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Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)
Reasoning for this:
- I cu...
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Hello,
I've owned two rental properties for 10 years now. I have about 500k in equity, just wondering what someone else would do? I don't want to sell, however I would like to use some of the equity toward another i...
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Please help! I worked really hard on my first multi family property and created a lot of equity but also was able to lock it down on a 30 year mortgage at 3.25% apr. I’m not sure if I should refi and enter the comme...