Situation:Single Family Rental financed on 15 year note.  P&I payment is $330 dollars.  13 years remaining on amortization schedule.  Payoff amount is $35,000.  Interest rate is 5.25%.  No plans to sell, assume a ...

Its often talked about using a HELOC to help purchase other rentals, home improvements etc. Given that HELOC interest is tax deductible, I was wondering if it made sense to use for a car purchase? I know interest on a...

i own 4.5 properties in philly.  4 are my own and i own another property with my partner (brother)...the deed for property 1 and 2 are in my name only.  the deed for property 3 and 4 are in the name of my LLC.  (i did...

Quick one,I understand profits from wholesaling activities are tax as ordinary income; but, is there a way to minimized the taxes that one needs to pay from money earned in wholesaling?If say the goal is to reinvest t...

Hello all,
So I have an option to move into a rental property in a few years and shedding my current primary residence. The investment property is in an LLC and would have a tax basis and earn income for a few years....

Hi BP family! If anyone can give me good idea I will really appreciate that! I want to know what will be smart move. one income family, married with 2 kids, just bought a house at 790K, monthly mortgage is 5300 includ...

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organ...

Hey all,My wife and I should be closing on our first duplex to live in half later this month. I am looking for a lawyer and a CPA in Oshkosh, Fond du Lac or Green Bay Wisconsin area. If anyone has a good recommendatio...

I took a class in financial modeling, but was curious to see what people were using to crunch numbers?

Anyone have a very simple, easy to use model for multi unit 50-200 units?

Or what are you doing to figure out ...

A couple random questions. I’m a complete beginner. I just listened to the podcast with “Swanny” who started with condos and upgraded to multi family through 1031 exchange. Several times he talks about how cash flo...