Todd Beach
Partial 1031 or Refinance
Hey there Im new to BP and to real estate investing. Im trying to make the most profitable deal and need some input. I currently own 2 homes one I live in and one I rent. My 2 part plan is to turn an extra room where ...
Riley Higgins
I purchased a lot with a mobile home on the courthouse steps and someone is living in the mobile home. Whats next?
Hello everyone this is my first post so please bare with me. About a year ago I purchased my first sheriff sale property. I had done lots of research and and found a property that I thought would go real cheap at the ...
Jesse Soriano
Will bank give you two mortgages at the same time?
I don’t have any investment properties yet. I have over 100k saved up in my 401k and I can borrow 50k. I was planning on buying a duplex cash. But I decided that its better idea to just use finance and buy two duplexe...
Robin Castillo
Should I form an LLC?
Hi all,
Will be starting out as an investor mostly buy and hold. Currently working on my credit and saving some more but should be ready in a year or less. I have different strategies in mind but my main concern is ...
Thomas Dionne
Florida Tax Deed Auction Question
A family friend knows I flip houses and told me about a house (in FLorida) going up for tax deed auction. There was paperwork posted on a home in his neighborhood. Ive never looked at getting a house this way as I al...
Sean Golin
When does it make sense to pre-pay mortgage?
I currently own an investment property and have been considering pre-paying the mortgage down to increase equity but not sure if this is the right approach. My mind tends to focus on the increased monthly cash flow f...
Oscar Freiman
Using my IRA
Dear all, I need money to start investing, and the only source of cash is my IRA. So, if I want to use the investment cash flow to make my living, is the only option available to cash a portion of my IRA and pay the c...
Dan Bryskin
Why don i like flips, please chime in
Death & taxes .... Don do flips. Waste of time & money. Why would you want to work hard to pay ordinary Federal & state taxes, self employment, medicare and what not? Why to give 50+ percent of your profi...
Pierre E.
Use Multiple CPA's - How and Why
What is the best way to go about using multiple CPA's? Why I ask? Lets say you have a W2 job, a non real estate specialized business with your spouse (pass through income), and own a few rentals. You value expertis...
Matthew Samson
Different CPAs for investments in different states?
Hi All. Thank you everyone for engaging on my posts as I ramp up towards my first deal!My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia...