David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Jim K.
Is your primary residence your largest life investment?
Hi guys. This is just a sort of informal poll.Starting with me: no, it isn't. Not by a long shot. That may change someday, but right now, it's a good idea for me in my area.
Jason Mak
Question regarding lis pendens and 2nd 3rd loans
Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
Jason King
Financial Assumptions
Hi All,
I am a new prospective investor and I am putting together some information for a partner so that we can start the search for our first property! One of the to-do's that I am personally tasked with is to dev...
John Meyers
Updating a Kitchen and Baths
I help a lot of landlords buy and rent out Chicagoland rental buildings. -- On occasion, the rental unit has gotten to be too outdated to attract quality renters.How do you determine the quality level for upgrades in ...
Mike Hartzog
Escrow Agent for Note Sales
I am planning to begin selling performing notes to folks who need income investments and would like to have a 3rd party escrow agent who knows notes and can handle the escrow and closing process. This would include t...
Keaton Walkowiak
Being approved for a loan
Hi! I am a 17 year old named Keaton and I have been learning about the real estate world for almost a year now, and I am nearing the stages of buying my first multifamily home. I am looking to buy a rental once I am...
John Heasley
Should I take a pay cut now to potentially earn more later?
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Cristhian Huamani
What is the best city in Maryland to invest for Cash-flow?
Hello Maryland investors,I am curious to know the best markets in Maryland where one can invest with the lowest initial investment capital and get a great cash on cash return . I was thinking Cumberland, Hagerstown or...