Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster.  You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...

I just got my first K-1 from a multi-family syndication and want to understand it.  This is the actual K-1 with real numbers and only personally identifying elements have been removed.  I'm going to describe what I th...

Hi All,

I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.

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Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...

How do people feel about section 8 tenants??

I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.

Has anyone used Whole Life Insurance as a bank...

Hi,I need some help trying to figure out what to do. I sold a property on May 30th and am holding a first mortgage for the buyer. The buyers attorney did a Title search at the local town offices on May 9th and was tol...

Hi, I am NY-based looking for purchase a long term/BRRR in Cleveland, and want to hear your experience with out of state investing. Are most out of state investors closing on properties without doing physical walkthro...

Current situation, I rented a duplex out to a single mom with kids two months ago.  She's on section 8.  Section 8 pays 100% of the rent.  I received a letter from section 8 saying that she got married so she'll need ...

My goal is to get 50 units via Subject to and then sell them on a Rent to Own in Arizona to create a passive income of $5,000/month. This is just the beginning and then I will take that money and invest in Mobile Home...