Question: I am taking out a cash out refi on my condo that I had originally paid in all cash. I've read that the interest from the cash out refi mortgage is NOT tax deductible UNLESS it is used for improvements for th...
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Earlier this morning I finished reading Rich Dad Poor Dad after having purchased it saturday afternoon and it's got me thinking about the strategy I'm using to save for my first down payment. I am currently putting at...
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Hi, As I'm still trying to educate myself on these things can someone please help out whilst I wait for the mailman to deliver some books on the topic and before I see an attorney/CPA.
After reading many of the post...
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Hello everyone! My name is Naser.
I am an international school teacher. I have been teaching in China for the last two years. Decent pay and low costs has allowed me to pay off my debts, and increase my savings and ...
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You have inherited $1,000,000 USD from uncle Joe and you are seeking 10% return of $100,000 a year how would you invest this money in an environment where money market is paying you less than 1%? In terms of rental pr...
I am learning how to think about RE investing. I am tired of negative growth in stock investments. I am actually in Sheridan, Michigan, which is roughly equidistant between Grand Rapids, Lansing, and Mount Pleasant.
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Good morning BP team,
Long time listener - first time post-er! Me and my wife got married in November, and are looking to start our real estate investing journey in the Akron area. We've been speaking with as many i...
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I'd be curious of people's opinions of the affect on the real estate market do to the $30 trillion transfer of wealth about to happen. Over the next 20+ years we have baby boomers retiring and as they are now startin...
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I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
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I currently have a mortgage on my personal property at 3.4% interest with around 100k in equity. I have around 30k saved at the moment and I am looking for a single family home to turn into my first rental. My quest...