Dan Wallace
Payroll Protection Program (PPP) Loan Forgiveness
As a part of the $2 Trillion CARES Act, the SBA is authorized to lend $349B to small businesses impacted by the COVID-19 economic impact.The primary program for small businesses through the CARES Act will be the Payro...
Terry Thomas
Is knowing market & competition level important b4 wholesaling?
From what I understand, you can wholesale in any market. Is there a way to gauge the competition level in a particular market? And what are the key factors that determine the level of ease/difficulty of wholesaling in...
Robert L.
Retiring from a portfolio of rentals
With a buy and hold strategy accumulating SFR rentals into a portfolio for retirement, let's say you cash flow an average of $300/mo per house (after all expenses/mortgage).If I was to generate like $9k/mo in order to...
Ryan Deasy
Designating yourself as a real estate professional
If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...
Alonzo Garza
Can my wife and I combine IRAs for the purposes of a Real Estate Self-Directed IRA?
Hello BP,In order to gain greater buying power (sooner) I was wondering if it's legal or if anyone here has ever combined their spouses 401k to use in a self directed 401k trust to purchase real estate property.I unde...
David Duong
Deal analysis: SFH - Please Help
Hi everyone,
I would truly appreciate it if someone could analyze my numbers to see if this property is a winner. I’m considering making my first offer; this is my first Single Family property analysis. My RE str...
Ciro LoCascio
5x Condos Deal Analysis... Good or bad Investment?
Hey Guys I need everyone's opinion as I am just a couple weeks away from signing a contract on 5x condos, four are 2 bd and 2ba and one is 1bd and 1ba. The price I got him down to is $45,500 each for 2bd and $38k for ...
Mark Gruetzmacher
Foreclosure-Doublewide on land-Mold
Hey everyone, just thought I would run this by you guys and see what your thoughts are. I came across a foreclosure that was on the market for $35K. It was a 1999 28x60 on a basement and 1 acre of land in the city s...
Justice Staines
Should I sell my investment property?
Hello everyone, I’ll get straight to the point.I purchased the home in 2020 for 220k in Maricopa, AZ ( Suburb of Phoenix)
Currently owe 211,000 with a 3.3% rate.
Currently renting for 1750 and my mortgage + HOA ha...
Elsa M.
Generating $100 of cash flow?
Hi everyone, this may sound like a silly question but Brandon Turner has mentioned several times in his webinars on analyzing rental properties, that his goal is to at least profit $100 cash flow per unit (and 12% ROI...