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I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
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I have a question, I heard that you could use your 401K to buy real estate without having to pay penalties or taxes, is this true?
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Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
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I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...
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Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...
BP Family,I have stumbled upon a deal which could prove to be exceptionally lucrative, assuming my financing plan turns out to be feasible.The property: A marina on a large lake in Alabama. It has 24 boat slips which ...
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Hi BP family...I'm a part-time investor now with 3 cash-flowing, single-family rentals that I actively manage myself. With lots of travel for work, I'm looking to invest outside of my base area (central IL) and incre...
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Disclaimer:
- I'm a brand new member so, if this isn't how I'm supposed to ask questions, I'm very open to learning the correct way
- This is going to be long and cover multiple multi-part questions; please bear wit...
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I know this is sort of detrimental and not a normal topic, but I am in the opposite corner on this deal.
I live in a VERY residential neighborhood. Everyone has a typical cookie-cutter house with a small yard/garage...
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If my tenant gets their gas shut off, can I shut their water off to prevent the pipes from freezing? I tried doing some research but it seems it's all in relation to self-help evictions, which isn't what I'm tryin...