Dell Schlabach
CAT Tax - Wholesale deal question
We wholesale 40+ houses a year, most of them we double close on since they are bank owned and can't be assigned. Ohio, if your volume is over 1,000,000 in sales you pay CAT (commercial activity tax). You don't have to...
Jeb Fuller
With $1- $2 Million 1031 Exchange Money to put down
With $1- $2 Million 1031 Exchange Money to put down, its hard to find a deal, Should I do 2 smaller deals, and Stagger my sales, and just Find 2 deals to put $1 Million down on each, or Search for 1 that I can put...
Murali Jesudoss
STR company leases for LTR rentals - Scam or real?
Hi BPers,I have been reasonably good with rentals in Ocala. I have 4 properties listed for rent in the area where I got 3rd call from a STR company who would like to lease my homes like a 12 month lease, but they woul...
Adam Rego
Buying first property with cash
Good Afternoon everyone,I was thinking of buying a investment property with cash and then using the home equity for my next property. Any advice would be great : )
Joseph Delarosa
Potential nightmare or great deal?
Found a potential deal today
Before I get chewed up and spit out, I'm just putting this out there, I'm a Cherry when it comes to investing. That's why I'm asking for lessons learned, and for thoughts that haven't co...
Matt Judd
Leveraging Debt To Purchase
Greetings BP'ers,
As I am ready to purchase my first rental property this year, I am wondering about leveraging debt to buy homes. I am a regular Dave Ramsey listener. He always talks about avoiding debt leveraging t...
Isaiah Ewing
First investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $280,000
Cash invested: $75,000
Multifamily building containing 4 separate units each with 2 beds and 2 bath...
Carolyn L Delli Santi
Newbie and Feeling Overwhelmed with TMI!
Hi Everyone! I've been a real estate agent for many years and have finally decided to take the leap into investing for myself! I'm feeling a bit overwhelmed with all of the information and different programs and mento...
JR Paulemon
Infinite Banking Concept
Hello BPA few weeks ago, I finished reading Becoming Your Own Bank (The Infinite Banking Concept) by R. Nelson Nash. Prior to reading the book I have been pursuing my 1st multi-family apartment deal in the Orange Cou...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...