Hello BP,This is my first post. My name is Robbie and I am a new "investor" in Charleston, SC. I work full time on top of "real estate investing." I am a military pilot stationed in Charleston. I just closed on my fir...
I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So: 1) 1200$ mortgage payment 2 ) extra 100$ a month cause we are loosing homestead e...
Many real estate syndicators are concerned about their ability to raise equity for deals during the darkness we are faced today with the ultimate definition of a black swan event. Coronavirus has hit the US and world ...
I'm curious to hear about the pros and cons of Commercial REI from the rockstars out there! Doesn't have to necessarily be commercial vs residential, but more so why Commercial REI was chosen as a vehicle along with t...
Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
https://www.richdad.com/Secure/Login.aspx?ReturnUrl=/RichDad/Member/WebGame/WebGameLink.aspx?m=webgame&m=webgame
This is the game Robert Kiyosaki and his wife created.
I started playing this game before I bought...
Do we have CPAs familiar with K-1 forms and TurboTax? I got a final K-1 from one of my investments (it sold in 2018) and don't know how to figure out my basis and sales price from the information provided on that and ...
We have a tenant renting a cottage behind our house, and we have a shared yard. She moved in 3 months ago and has been a good tenant that pays on time and I’m happy to have her as my tenant..so far. About two weeks af...
Hi BP, my first post here. Thank you for all your comments in advance.I have been a SFH buy and hold investor and am considering this private money lending opportunity. The plan is to acquire two adjoining parcels in...
Hi everyone! Celebrating the recent success of one of my note acquisitions last year. Here's the full dirt on the whole investment:Investment Info:
Non Performing Lease Option ContractSingle-family residence. Twentyn...