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All Forum Posts by: Cynthia Reddy

Cynthia Reddy has started 12 posts and replied 30 times.

Post: ALLENTOWN, PA ?? Anyone out there?

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Yes I went to the Allentown Real Estate Investors group and it was good. I look forward to going to more and even some in other areas. 

Post: US taxes with foreign real estate investments

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Hi! I am looking for some help on several properties that I own in India that I own outright. I understand how to get the properties sold in India and get the money transferred into the US and paying the least taxes but what I want to do is put that property under my LLC and have use it as a business deductions. The income that will funnel into the US I am planning on funneling right back into the economy similar to what I do in India through real estate investing and renting. If anyone has experience in foreign properties and transferring the money and experience with as I have described I would love some guidance.

Hello everyone. We spend a lot of time talking about our rentals and investments. I wanted to ask as few questions about what people are doing with their personal homes. I am unsure of selling my house and buying another one is a good idea. I have a new subdivision being built beside me that is going to be a above 55 year old community, across the street is a wealthy neighborhood that is I think has past it potential to gain anymore in appreciation. I do live in one of the most sought after school districts. I have heard mixed reviews about above 55 year old communities and wondering if the neighborhoods across the street has reached its peak since most of the homes were build in the 1970s and the market has not changed much in their value over the years. Any thoughts?

Post: Section 8 Housing Questions>

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Thanks for the replies. The reason this house caught my attention in the first place is it’s directly down the street from my kids school. We live in a school district so good that that’s the only reason people buy houses here. So the house is old like 1927. From the photos I saw there kids in the house so I doubt they are going anywhere. This is one of the last areas in the district where houses are 120, 000 etc because 3 blocks down the next house for sale is 500, 000. It’s been on the market for two years which I found interesting. The listing is so bad you can’t tell the real price because it has two numbers. So if luck has it I hope it a diamond in the rough.

Post: ALLENTOWN, PA ?? Anyone out there?

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Thanks so much !!

Post: Section 8 Housing Questions>

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

I came across a property that is already approved for section 8 and has a tenent in place. I don't have any experience with Section 8 and wanted to know if anyone and wanted to know how it went? Any advice?

Post: ALLENTOWN, PA ?? Anyone out there?

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Hi everyone. I checked out Allentown, PA to see about local meet ups? Most of the posts are from 4 to 5 years?? Anyone out there ???

Post: First time Investing?

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Thanks everyone for the words of support!! The statement "paralysis of analysis" diagnosed my problem - wow that fast saved me a lot of time and effort! Wish my doctor was like that lol!! And as Joshua put it perfectly you can only fall to the highest level of preparation. Funny how that just clicked!! Thanks for all the support - Just like Nike says "Just do it!"

Post: First time Investing?

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9

Hi Everyone!! So excited to be here!! I am looking into buying my first property. I am nervous I won't lie since that is all I hear is the first time is the worst!! I guess I am afraid of making a mistake despite overloading my brain. Any advice on your first purchase? I am not really sure what to ask since I figure I have to just go through the learning curve. I have educated my brain as much as I think my educated brain can handle though I still don't feel like I have any clue as to what I am doing.

Post: Hi everyone I’m new to Bigger Pockets

Cynthia ReddyPosted
  • Greenville, NC
  • Posts 32
  • Votes 9
Hello everyone I’m new to bigger pocket. I guess I am still taken back by all the information here. It’s a bit overwhelming. I’m still trying to navigate my way through and figure out which direction I want to start. I have found a lot of the members on bigger pockets are in their 20 to 40s starting out. I was wondering about the late 40s to 50 year olds. I hear a lot about fixer uppers and rehabs etc but I think the reality is you do have to be in somewhat of strong physical health if you want to do that. I wanted to hear from people on their strategies suggestions on older people starting out of even physical with physical disabilities?