John McCandless
Just bought investment property; need passive income; have cash
Hi there. I am totally new to real estate investing. I was fortunate enough to come into some $ due the sale of a house in the Silicon Valley, and I used some of the proceeds to buy a beach house which I plan to rent ...
Andrey Y.
Are you a Prodigious or Under Accumulator of Wealth?
I am reading the book "Millionaire Next Door" which had been rec'd by a few podcast guests if I recall.They discuss the following formula as a guide to what your net worth should be:Multiply your age times your realiz...
William R Johnson
Utilities included in the the first 50%, using the 50% rule
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...
Joey Morsillo
Can a 16 year old make a killer living is real estate investing?
My name is Joey Morsillo and I'm a 16 year old male determined to start his successful future as early as possible. I have been searching around and talking to friends of mine about how they made they're living throug...
Fausto Carosella
Primary Residence exemption and/or 1031 Exchange
Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...
Tyler Vinsand
Owning an investment property in another state
Hello BP community,I am a young professional fresh out of college and brand new to the real estate industry. My tentative plan for the future is to begin my professional career in the Norfolk/Virginia Beach area (I ju...
Felisha McCurry
Continue Flipping or switch to Brrrr?
Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
Joey Meaux
Questions about which city to start my REI journey
Hi everyone, first time poster here.I've been reading posts and listening to the BP podcast for the better part of the last 2 months and I've been researching REI off and on since finishing college.I'm local to the La...
Usman U.
Buying my existing investment property with self-directed IRA
Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
Duriel Taylor
Flips n Hard Money Lenders (2016) magna cum laude
Hello Everyone, As I aggressively embark on my journey to success, I found a new passion for fix and flipping. My major obstacle is the funding and or my funding options. I believe I live in one hottest markets when i...