Hi all,I just joined BP and am pouring through the beginner's guides, but wanted to introduce myself and ask some questions. I'd appreciate any help you all could offer.First, a little background. I'm a Naval Officer ...
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...
Hey Guys,So I found a 4 unit multifamily that cash flows pretty well. It may be a retail value as far as comps for the asking price are concerned but my question is should that matter if the cash flow is on point. Her...
Hello BP Family,I need advice from everyone with experience in the following plan(s). In the next 15 months, starting in October 2016 I would like to purchase 4ea. fourplexes for investment rental purposes. The first ...
So I am looking for a house to brrrr and I decided to be responsible for once instead of just jumping into something and made sure that I would be able to refinance out of a deal before I jumped into some hard money I...
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
What is the fastest way to scale up as a real estate investor and create life changing passive/active income?1) Was it investing into several single family homes, building up a successful track record and presenting s...
Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...
I often hear that it's important to keep your properties heavily mortgaged to keep the equity down, so that you don't look "juicy" for a lawsuit. (assuming there's a reason for being sued in the first place) I cannot...
Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...