Fletcher Shawn
Rent or Sale?
Hi All,This is my first post on the forum. I have read many books on real-estate investing over the past few years and talk with people in the field whenever I have the opportunity. I have been listening to the pod ...
Colton Joseph
What is the best way to file taxes to obtain a Mortgage? PLS HELP
Hello BP users... As always I am here for a bit of advice from all of you that know more than me!I am looking to get a 30 year fixed mortgage shortly (construction to perm to be exact.) and am trying to find out the b...
Thomas Jonsson
Got burnt (literally) and don't know what to do
I took my first step and bought a SFR in Indy from a wholesaler. It only needed minor rehab and would then rent for $800. Things were going very fast and smooth and I was excited. However; after only 10 days of owning...
Zach Ogle
Newbie from San Francisco, CA
Hello All, My name is Zach Ogle, and I am happy to be here. I am a licensed CPA working in San Francisco. I recently sold my primary residence in Phoenix, and I am planning on turning that gain into my next real estat...
Cesar Lara
Newbie from Memphis, Tennessee
Hi everyone, my name is Cesar Lara and I currently reside in Memphis Tennessee. I was born in North Carolina and moved to Memphis in 2005. Growing up in Memphis I worked with my father in the construction business bui...
Bob Maloney
Filing Taxes for LLC - using Form 1065 K-1, etc
I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...
Cody Clark
earnest money. escrow?
since you wanna give the least money you can for earnest money lets say $10 what do they do with that you just hand them ten dollars? It doesnt seem like you would open an escrow for $10. how does that work? thanks
Isaac Hayes
Retirement Account 10% Penalty to Access Real Estate
I plan to purchase a four-plex in Columbus, Ohio within the next two months. I had planned on liquidating a standard brokerage account for the down payment. However, because I plan to retire and live off passive incom...
Keegan Uderitz
What to do with my $55,000?
Hello all!
We are currently on the market looking at deals in Tennessee, Georgia and some in Minnesota. How long is normal to make initial investment back? The deals I am looking at are 5-7 years to get that initial ...
Zach Jones
HELOC vs Liquidating Portfolio?!
So my last post on BP, I was asking for advice purchasing a very old rental in a D area.. Since then, I've saved some cash and reevaluated. I've found a really clean triplex 1 city over, more then I wanted to spend b...