Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...
So I was presented an opportunity from a realtor I work with, that I eventually turned down, and wanted to get feedback from those on this forum that are smarter than I am on this stuff (i.e. everyone) as to if I eval...
Hello,
Just wanted to ask this to make sure I understand the tax ramifications correctly before venturing into a buy, fix, sell property.
If I owned the property and sold it in under a year, lets say...
I'm very excited to announce that I am in the mist of purchasing my very first (sole) investment. Yay!The process has been scary and exciting at the same time. I wanted to know if anyone at BP purchased property in P...
One of the first deals I did in college was a house I bought for $10,000 using a car loan against a Pontiac TransAm with a really cool T-top that I bought at auction. It was a tip I learned from a Carleton Sheets cou...
Calling all single family investors! I am curious to find out what your cash-on-cash criteria is? 8%, 10%, 12%, 15% 25%?!I am an agent in Northwest Indiana and am seeing homes selling for $30,000 - $45,000 in decent...
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Hey Everyone,
Happy new year! I’m 25 years old and just graduated in 2023 with bachelors in finance and work a 9-5 job as my main income driver: I want to continue it to build my family and I’s portfolio and was wond...
Hey all, curious to see who's gone through either of these STR training programs, and what you liked about each. BNBFormula has been around much longer, I remember hearing the founder on a podcast I think back in 2018...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $29,000
Cash invested: $14,000
Hi everyone, here's a little info on a nice, brick SFR that I picked up. It had been...