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Good morning BP! I'm hoping some of you with more experience can give me some insight into my current situation.
I viewed a good cash-flowing duplex (even planning on 60% for expenses) on Saturday. On Tuesda...
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What's better, to lose $20-25k over 20-25 years or to lose $400-500k over the same timeframe?
Congratulations if you answered $20-25k, you have a better shot at becoming a multi-millionaire entrepreneur than a well-...
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Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes? I had never heard of being taxed on a gift (silly me). I was originally going to use the gift a...
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Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
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This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
From a company name property Crafters LLC stating that they bought a tax deed on my property so I go look into my property tax records and there is no record of me owing the county any property tax money then I look f...
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I was contacted by an owner of a house in poor condition. She owes about $11,000 in back taxes on the property. The tax assessed value of the property is $58,364. She told me it is 3 bedroom 1 bath. 988 sq ft. The hou...
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Does mortgage really matter when your flipping a house? Say I bought a house and it took me 5 months to sell. So in those 5 months, I had to pay mortgage which contributes to my equity. If I sell it, wouldnt that e...
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My dad and I decided that we would start investing together. He has the money, and I have the time and have been studying for several years now. We ended up getting two properties under contract that looked like great...
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I’m a virgin to this RE business. I have been reading about strategies on how to get RE with low to no money. I see the best deals are Foreclosures. Has anyone tried using hard money to fund auction acquired property?...