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Hi BP Community,
I have actively followed many post and the advice on here is invaluable. Now, I am in a unique situation where I haven't been able to find answers online.
The situation:
I purchased a duplex to ho...
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Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do n...
A brief summary of me and my situation;
I’m a 21 year old kid from Michigan, currently netting $32,000/yr from two different jobs, plus an additional $3,000-7,000/yr from side hustles. (I’m a chef, and I help maintai...
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I was hoping for some feedback on this idea. I currently rent out a condo I own which cash flows roughly $450 a month. I like the cash flow but don't need it. I bought it in 2013 with a 30 year fixed at 3.66% (owner o...
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Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...
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Do you really end up netting say, 3% (if you pay your boss/broker a monthly fee of a couple hundred bucks to hang your license on their wall) on a purchase and on a sale if you have a license? I was thinking of re...
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Quick and to the point!
I purchased my home last june with cash, a foreclosure for 54k its worth about 180k. I have one rental property with a mortgage that breaks even and only about 6k equity, I have a guest house...
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Just need a little advice on how I should go about setting up my LLC in Ohio. Laywer, online or any other options. Thanks guys!!
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I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
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Hear me out...I've thought of doing one, but then when I research it, I only have 180 days to find a replacement property. With the way I buy property, there's no guarantee I'll find something acceptable in that time...