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I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
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So, let's say you have an amount of money sufficient that you can buy a nice diversified portfolio of tax liens in a handful of states (live and online bidding Counties). What do you think the return potential would ...
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Hello, I recently purchased my new duplex. Of course, before purchasing the house, I invited a home inspector, and he did a pretty decent job. As a result, the seller had to fix some electrical, mold, and foundation i...
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BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
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Afternoon BP,After news broke of Amazon moving forward on finding a new HQ, I got really excited for the possibility of a new/increased opportunity in a new area. I currently own and rent in Central Florida, but would...
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BRRRR works, no doubt. I've completed two but am now stuck waiting three months until I can cash-out refi on my third. So here's my question-- how the heck are all these investors doing it-- BRRRR-ing 5-10 properties ...
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Direct Mail has not worked for me. It is a channel (medium) that is too easy to learn (get a list & mail to that list consistently). It "seems" to work if you have the marketing budget, list, and ability to mail h...
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Hello BP Community!My fiancé and I are new investors from California and investing in Fort Worth and Mansfield TX, however, it seems like our third income property seems to be taking us longer to rent. We purchased it...
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I have a child hood buddy who is struggling with his life. He is 24 living with parents and is working as a pizza delivery job. He got his masters in Psychology 5 months ago but is having issues finding a job. His par...
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New to investing and trying to fully create a 10 year vision or business plan. Currently I plan to save 2k a month. To increase the amount of units I can purchase and cash flow I want to stick with property under 100k...