Taylor Rees
Newbie from Denver, Colorado
Hi Everyone,I'm a long time Denver resident looking to increase my income through REI, though still exploring what "niches" and locations I'd like to focus my energy on. I currently own my primary residence (purchased...
Tasha Davis
But, how do they do it.
how are people able to buy so many houses so quickly? My boyfriend is buying a house (duplex) and I am also buying a duplex( we will be living in mine). Are are you able to save for federal tax on rental income, money...
Oscar Olaussen
HUBZU, - does it make sense?
I have a bought some properties on Hubzu, and as many of you have stated, you have to be patient to get a good deal.
After over a year watching and dealing with them, I can still not figure out their business model. W...
Tim Hoskins
Questions about renting out my current home, and getting another mortgage on a second home.
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Carl Schmitt
"Flipping a short sale is illegal"
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Ponni Carlin
Setting up multiple LLCs and Business Credit Cards
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Brie Schmidt
HELOC payoff strategy
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...
Robert Ruiz
KIDS flipping houses & 9 yr old Hard money lending
Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
...
Jason Pinkerton
Involving Your Spouse
I'm sure many of you have been here. YOU are getting into real estate investing and are very passionate about it. You become so passionate about it, you talk about it a LOT. You want your spouse to be passionate about...