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Results (10000)
Joe Splitrock Where do you park your money?
23 May 2018 | 77 replies

I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...

Wai Fung Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
29 July 2021 | 216 replies

Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...

Brandon Heimsoth Do you all pay taxes?
7 July 2017 | 24 replies

Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong."

So, do you pay taxes? How man...

N/A N/A rehab vs flipping
26 November 2006 | 23 replies

I am not clear as to the difference between rehabbing and house and flipping one. Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a ...

Account Closed Renting to a Mexican citizen living in the US
16 July 2014 | 33 replies

I have a very nice couple with three well behaved kids that wants to rent one of my homes. The problem for me is trying to verify if they are good tenants or not. I asked for the standard copies of each of the couples...

Michael B. Help Me Understand Foreclosures (Example Included)
6 February 2018 | 23 replies

Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...

Account Closed My plan to become a Real Estate Developer - what's your take?
14 June 2017 | 39 replies

Hello BP members,I am currently 19 years of age, and I will be 20 in October. I have been fascinated with the creativity of RE development ever since I was about 17, and from that point until now, I have done a lot ex...

Laura Smith LLC? Tax advantages? Write offs?
30 August 2017 | 29 replies

So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...

David B. Help me figure out the Solo 401K Real Estate procedure
26 March 2014 | 18 replies

I appreciate everything I have read here about buying investment real estate with a Solo 401K, but am still a little confused about a couple things that I haven't read about.

First, I own a Sole Proprietorshi...

Ryan O'Malley Next Steps after getting 1st Duplex Under Contract
23 August 2019 | 23 replies

Hi BP crew,
I am closing on my first investment duplex in Rochester, NY at the beginning of October (super exciting!) and want to make sure that I am keeping the ball rolling in terms of investing. I financed through...