Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Good evening BP Community. I'm a veteran investor trying to think of an exit strategy for an existing 0% seller financing deal that I'm currently paying down. Here are the particulars:Price: 50KAmount Owed: Approximat...
I am looking at buying an investment property in the Austin area. It is not cash flow positive at this time due to high interest rates and property taxes. I am basically counting on the values appreciating over the ne...
Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
Should I buy the portfolio or use the cash to buy 1 property cash and start BRRRR from there one at a time? I’m in CA so this will be out of state. I’ve found the best PM who manages projects and has a great contracto...
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...
So I started my investing career as just a guy trying to get more money to pay off bills.
I was tired of living check to check like everyone else. I'm not going to go into that story because it's the same for most pe...
Hi. I’m a new landlord. How should i proceed w this situation. My tenant just called saying they just had a fire in the kitchen. They were cooking w a pan filled w oil and started a large fire and damaged the microwav...
Hi everyone I'm new here so sorry if this is kind of a drag. I am currentlly a high school student. My parents are well off people but work regular jobs in hopes of retiring at the usual 55-65 range. I came across the...
Hello all! My name is Hac and I am from San Diego, California. I am 31 years old and have an Associate's Degree in Business. While studying for my associate's I also did some extra-curricular reading on business an...