Jazmine Jones
House Hack Success, Quit Job & Ready for Next Deal
I am happy to share that I have purchased my first real estate investment!I had been researching and investing in REI programs for quite some time. I knew I had enough information to get started, but my fears were hol...
Paulina Purnama
8 Plex Deal Analysis
Hi guys, I'm still a newbie but interested in a 8 Unit apartment building. Built in 1990's. All apartments have attached garage as well as washer dryers. 4 one bedrooms which rent for $5504 two bedrooms which rent for...
Joey Harris
Long Term Strategy for Real Estate Professional
Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
Michael Politi
UBIT Implications for Preferred Equity Investment
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
Tony Rodriguez
Quitting my 9-5 soon and looking for banks that refi without W2
Hello fellow investors,I have made a decision to quit my 95K/YR job in January ’19 and move to do full time rehabs, I will have about 350K cash of my own and my living expenses are about $1800. I plan to buy in the Ch...
Jason Barnett
Property Analysis or "Is this a good deal?"
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Michael Plaks
End-of-Year tax planning: Roth conversion 101
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Andrew Teng
Why BRRRR is not working for me?
Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Account Closed
A Glimpse of My Personal Finances and How to START
Although this is a new account, I have been coming on here for a few years. I have listed to every BP podcast, read some books etc.I have been interested in investing since 2015, when I listened to, yep, you guessed i...
Jimmy H.
Intentionally Paying More Taxes?
I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...