Samuel S.
Land Contract - Viable business strategy for buyers?
Hi BP Folks,So I am currently in the process of purchasing my first rental property via Land Contract, and would be so grateful for any advice I could get!Here's the scenario:3 unit property1800 SFBuilt in 1935List pr...
Christopher Raney
Turnkey investment properties
I’m currently active duty and want to get into real estate but my current schedule is pretty hectic and I would like to minimize the time I dedicate to a property (for the time being). Does anyone have any tips or rec...
Lloyd Segal
Economic Update (Monday, July 13, 2020)
Economic Update
(Monday, July 13, 2020)
Not since the 1960s has the United States experienced social upheaval like it is experiencing today. We have protests, an upcoming national election, and a massively divide...
Jason Nelson
Late fees in Minnesota
Hi I am Brand new to this. After a bad car accident I was forced to rent out the house that I have owned for 9 years. I had given power of attorney to my sister, She is the one rented out the house. In the lease it i...
Mary White
Accountant says, "I'm screwed on taxes for the BRRRR I did..."
In 2017 I purchased a foreclosed 4-plex to do a BRRRR. We cashed out a state retirement account from a previous job, used cash and also partial 1031 money for the all cash purchase. In March of 2018, I got a loan on t...
Robert McCormick
Tax Assessment Value Doubled - Will Annual Taxes Double? (Sussex County NJ)
The current tax assessment value of my property is $119,700 and I pay $4,188.30 annually in taxes. (2023 tax year)My house was recently revalued by an appraisal company with a 2024 assessment of $254,000. Does this ef...
Douglas B.
Do you run background checks on ALL tenants, or just the one signing the lease?
(a sub30kclub topic)
I'm thinking about renting a duplex to section 8 tenants. To protect myself, I'm thinking about insisting on running a criminal background check on every person who will be living in the...
Wendell De Guzman
How to Do a Fix-n-Flip with No Cash Out
Hi BP Nation. It's been a while since I've posted something here. I know a lot of you wants to flip houses given the popularity of fix-n-flip shows. SO for those of you beginners who don't have much cash and you want ...
Chris Schoonhoven
Self Directed IRA Companies & Roth tax implications
I've started looking into a few SDIRA companies and just wanted to ask to see if anyone has experience with these companies or if anyone has any suggestions for another SDIRA.I'm looking at Quest, Advanta, and Cama. R...
Ryan Snelson
Is SCOTT CARSON (WeCloseNotes/Inverse Asset) DEFRAUDING Investors
Like many others, I have had a negative experience Joint Venture investing with Scott Carson and his company Inverse Asset Fund LLC. I’ll share my experience in the hopes that it will help others who are thinking of ...