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Had a tenant apply. Qualified on income and checks every box. Filled out all forms properly, and communicates very well. Has an eviction on record 6.5 years ago. If they applied 6 mo from now it would have not even sh...
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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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What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
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New to investing buy & hold and in the East Texas area. Looking to connect with others about everything I don’t know (which is basically everything).
Anyone in the East Texas area out there?
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I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...
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I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
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Hello BP Community.Currently we live in Hawaii (stationed here with the military), but it looks like we might get out soon. For the first time in a long time, we're faced with the option of moving wherever we want. We...
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To those who consider themselves very wealthy, is wealth worth what is takes to acquire it?I don't want to become ultra wealthy because I don't want to do what it takes.I love spending time with my wife and being home...
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Hello everyone,
I am a newcomer to the world of real estate investing and am hoping this site can assist me in making educated decisions. I am looking to purchase a 2-3 family in Providence or Kent count...
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Been exposed to the idea of using a turnkey provider for out-state/out-of-market investing vs. venturing out on my own*.
Just wondering the following:
Pros (e.g., less headaches)
Cons (e.g., ea...