I have close to 450k of equity in my current home, we don't own it free and clear, just put down a very large cash down payment. I spoke with a lender yesterday and he suggested I open an equity line on my house an...

Admittedly, the challenges facing entrepreneurs are daunting. As reported in the Arizona Republic, nearly 2 in 5 business owners have come close to failing. In fact, 13 percent said that they had previously owned a bu...

Hello,New to the group but learning a ton and interested in feedback from others especially tax professionals. I'm considering partnering on a flip in Southern California. I have a regular 9 to 5 but know someone in r...

     I purchased this house at an auction. The owner had died and the house was auctioned by the estate. The house was in good condition. It was located across the street from an elementary school. The large lot back...

What's the best way to find these sorts of deals? Something akin to costar or loopnet but for partnering. I'm not interested in realtyshares.com, fundrise.com or the like. I would prefer direct ownership, but a partne...

When a person defaults on their payments, after a certain period of time if you don't pay it off, the bank just forecloses on you right? But then some people have trustee sales instead? How does that work, the bank gi...

I've been looking into the ground rent system recently. (If you've never heard of it, google it. It's a fascinating and completely messed up system that's leftover from Maryland's colonial days and is in serious need ...

First time home buyer. Trying to get good deal. Was thinking of buying home at auction(with help of some agent).Talked to an agent and he said he helps people bid on short sales.

He said the banks are not willing to...

Okay so, we are rehabbing an almost twelve hundred square foot 4 bedroom, two bath house in North Las Vegas.Picked it up short sale for $79,000, the ARV is around $120,000 to $130,000. If you want to check it out, the...

My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?