Hi BP community! I am from Wisconsin. My husband and I are new to real estate investing and currently seeking for our first rental property investment, preferably a multifamily (2-4 unit) home. We are excited to embar...
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
Hello all!
I have been lurking on the site for about a year or so. I have found some great information here. I currently own my personal house and one investment townhome that is a rental.
I would like to do some ...
Friends, I share this story in the hopes that you'll find encouragement and belief in yourself. The other night, like many nights, I was laying in bed letting my thoughts run wild. I've found these thoughts and excite...
I had a more thorough walkthrough of a house I have under contract today. Because of groundwater ingression via the backyard (another issue altogether), tenants have had to pull up the laminate flooring, exposing ...
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...
Hi everyone, first off would like to introduce myself. Thomas, age 22. Currently own a pizza shop and a professional carpet cleaning company, both doing pretty well. I just recently paid my house off, valued around (2...
I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cas...
I currently have about $30k in my Roth IRA. If I understand this correctly, I think I could pull out only the contributions and not be taxed and penalty free. So, would it make sense to pull out the contribution porti...
I am very new to REI, my experience is the following (its all personal...so I am trying to see if that can be leveraged):purchased my first home in 2001 for $125,000 did a rehab (about 15K) and sold it 3 years later f...