I have recently started to consider flipping as I'm already an investor and a licensed GC. I don't have a large funnel for off market deals so I was considering becoming a licensed agent such that I could go after dea...
I'm a strong believer that a house-hack is one of the first steps to wealth and financial freedom.However, this one rule is overlooked and constantly kills deals before they even happen:The self-sufficiency test. I ta...
I want to buy a multifamily and house hack, but not much is on the market where I am looking. I have 3 kids nearby and want to be close for their commute to school, so it limits my radius search. Should I then find ...
Hey everyone! Question - I understand that the point of BRRR is to have a property that you hold on to to increase your monthly cash flow as well as build equity overtime. But at what point does it make sense to sell?...
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
To all BP members,
Just wanted to know what experiences you have had regarding Life Insurance options, and what you are using concerning this "investment" method. I am in the military (notice photo:) and...
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
We have a Strict cancellation policy but guests are asking for full refunds due to events that are cancelled in the area. We are not in a region of the US that Airbnb recognizes in the extenuating circumstance guideli...
Something I used to believe whole heartedly, several years ago was that the 401k is a scam. Tons of books on Real Estate preach that to the masses, which can unfortunately be terrible advice for those in the middle. B...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...