Hello All,
I bought a single home in Minneapolis 2 years ago. If I knew about REI or were I smart enough then , I would have chosen to buy multifamily.
Since I now know about what I should have done back then, here ...
Sorry, this is long, but there's a lot going on here...
Tenant Issue/ Section 8 Question:
I'm in escrow on a duplex that I will live in one of the units on. I am still in my due diligince period, which ends on 11/2...
My wife and I are in the process of purchasing our first investment property! I feel like we have hit a roadblock. We are currently going through the pre-approval process with a local credit union. The bank does off...
I'm still confused what CAP Rate (%) means? Anybody have any good explanation? (with examples? Thanks a bunch in advance.
Hi guys,I think I am starting to understand why Robert Kiyosaki always runs to buy a property when he has an income from his business.Please correct me if I am wrong in my example:Lets say a person makes 100K per year...
I own a 2 family out right that’s worth $300k. No mortgages. I also have zero personal debit besides a $400 credit card. Credit Karma says my score is 675. I recently open up a business for Electrical contracting and ...
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...
I'm looking to purchase an 8 unit property. The owner is asking 600k but I'm not sure his valuation is accurate. The property consists of two 3 unit and one 2 unit buildings. All units are 2 bed 1 bath, single story...
Buying my first commercial property in South Dakota. I talked to my CPA and he stated that there isn’t any tax benefits to purchasing this property INITIALLY. Is this true or is anyone aware of tax savings or reduct...
In listening and reading BP Forums. I have heard that you need to have 7 streams of revenue. What are some streams of revenue you use? for me as of nowW2 jobUber/LyftResidential rentalCommercial rentalNotary service ...