People say that the Chinese word for “crisis” is comprised of two Chinese symbols—the first symbol signifies “danger” while the second symbol signifies “opportunity.” In one of my last BP articles from December 2019,...
Hi, I have a duplex near Newark NJ that I purchased 4 years ago under my name, and have since turned into a rental a couple years back. I'm thinking about doing (my first) 1031 exchange into a 4-6 unit property. Befor...
Hello All,Today is the day I decided to upgrade myself from being a lurker to being an actual poster. For some background info, I am 22 years old, and I graduated college in May 2024 with my bachelor's in construction...
Hello, I've been researching BP podcast and resources and am looking into buying another property to downsize from the current one but wanted to use the equity in my current house to purchase a new house in the area. ...
Hello! Looking for advice and suggestions for a Roth IRA Custodian I'm looking to roll over a traditional IRA to a Self-directed Roth by the end of the year, and use that for my investing. I had a long conversation wi...
I have a friend with a property in a very desirable location in Texas that I believe would be great for STR. It sits on about 1000 acres 30 minutes from Fredericksburg. He does not want to deal with the headache of te...
As titled, I am new to the property rental scene. I am ready and will be starting with property number one sometime, hopefully, quarter one of 2025 with a possibly 2 bedroom and 1 bathroom single family home; as this ...
I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well. My wife and I own 3 properties in Colorado and are considering pulling some equity to purchase an STR in the Tampa ...
Hello BP community!We started an LLC last year and are about to file our first return for 2024. We have purchased a property for flip that's currently under renovation. I wanted some advice on whether we need a specia...
I've already lined up a property to purchase in 2025 for roughly $450,000. I am a full time real estate professional and my spouse as a state employee W2 paid job. I plan to keep this property for the long run and am ...