Hello BP Community, Not a visit goes by where I don’t learn something new. I recently completed a rehab on a SFR thru my LLC using a loan from a private lender for the purchase, and funded the remodel using a HELOC on...
I have a hybrid arrangement with a property manager. I am marketing the property to prove "material participation" and they are too. They require each STR guest to sign a rental agreement. I would like to do that t...
As I'm sure I've posted in the past, I’ve given up on trying to find “deals” on the MLS. Sure you can find deals, but you really have to work for it and be lucky as well. I'm focusing now on finding off-market deals f...
My name is Jason, I live in Brooklyn/Tri-State area and wanted to introduce myself to BP forum members.
I'm a professional working in New York City, in the technology area. While the job pays well a...
Disclaimer: All investment strategies and investments involve risk of loss. Nothing discussed below should be construed as investment advice.
So, you’re in your 20s, have a job and are finally making some money on yo...
With all the talk of bubbles, I was thinking to myself, What causes irrational exuberance in people when it comes to different forms of investing??
It always leads to some bust, and yet it happens over and over again...
Watched a video from Phil Pustejovsky, he noted that the game coming out of the housing crash was foreclosures & shorts. My question is: what is the game now? In the intro forum Justin mentioned that the MLS is ...
Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
I am a landlord in CA and have tenants who moved out July 1st. Following the walkthrough the kitchen sink faucet was noticed to be leaking beyond repair (unreported). The next day, a plumber installed and had to acce...
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...