2 years ago, I decided I wanted to get into house flipping, so I got my RE license last Jan. I sold 20 houses last year in my local market (ASHEVILLE NC). I wrote my goals for this year and on that list was to put mys...

I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced.  My settlement was a single family home I purchased for $295,000 in t...

First off I hope this is the correct sub forum (BP is over loaded with sub forums)

I am wondering how many BP members live solely off of their real estate. By this I mean a person who doesn't have a job and isn't l...

I am looking to purchase a STR in Maui but I have run into a few road blocks.  I have been told a loan has to originate from the island and that you need to put 30% down payment on a purchase.   Anybody have lending i...

I'm living in NYC but I'm highly interested in investing in rental properties that would provide the best cash-flow out of market. I've been reading a lot about Raleigh, Columbus, and Milwaukee. I'm wondering if I'm b...

I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.

...

I just off my second call with WCAP Financial Services.

Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...

Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...

I am a real estate agent and up until last week, I was working as an 'independent contractor' doing marketing and providing real estate assistance for a top real estate agent. When I gave my resignation, as her market...

Hey quick question. I pulled the subfloor up to sister up the joist and get the floor plumb but my contractor just reported that all the wood is deteriorating and falling apart. Is this something my insurance could co...