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I'm not enrolled in college, after high school I became a carpenter my finances looks like this as of now.Assets-Brokerage account 30kAnnuity Thru employer 10kW-2 income 3100$ take home monthly 0$ for my living situa...
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Hi! I am new to this arena, my husband and I are buying our first home with the idea to house hack. My long term goal is to buy within the next month, then within six months be ready to purchase our first BRRR or flip...
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It is my understanding that real estate purchases using private money lenders are made as cash offers. However, when the offer is for a bank REO the bank want a proof of funds letter that shows that the person making ...
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I looking to scale up. I would like to move to Multi-Family investing. I'm just not sure how to get into it. Looking for suggestion on meet-ups. I have read books on it. But you can't has a book questions. I'm kind of...
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Hi everyone, this woman approached me today and she is about 15,000 behind in taxes and also several months behind on payments. She has no auction date yet, but is looking for a solution where she could sell the house...
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I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
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How's it going,
I am a dentist working in Boston, MA with a decent amount of book knowledge in REI. I am starting to scan platforms like the MLS (given to me by a trickle through a real estate agent), zillow, etc. a...
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I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...
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Question to the apartment owners, management companies, single family portfolio investors and the like.Would installing solar panels on your income producing assets make sense if there was no upfront installation cost...
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Hi BP people! I have bought and sold a few houses but first time doing a 1031 since saving on cap gains makes sense. I have approx $500k+ to play with and looking at San Diego, LA, Scottsdale, and New York. Most optio...