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All Forum Posts by: Mark Mattison

Mark Mattison has started 6 posts and replied 40 times.

Post: Awesome Property on Charleston Peninsula. Looking for Investors

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Hi @Nicholas Nothnagle ,  I saw the property online.  I'm definitely interested.  If you have more details please send it my way. Thanks  Mark

Post: J. Scott's Book on Estimating Rehab Costs - Spreadsheet?

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Hi @J ScottI bought your books thru Amazon.   Would you please send me the digital files?  Thank you in advance.  Mark Mattison

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Thank you so much @Lane Kawaoka !!   I listened to the BP podcast 191 and he is exactly what I needed to hear!!   Got on his website too.  Thanks again!! Mark

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Thanks, @Joe Villeneuve for the insight.  I can't wait to get started!!

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8
Thanks @jonathan McLaughlin for the information. I was ready to roll over some of my 401K into a self directed IRA. When I was informed there are no tax deductions for mortgage interest and depreciation, I decided I needed more tax strategy help, especially since my strategy was initially going the buy and hold route.

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Hi @Joe Villeneuve ,  I really like the finding the deals and analytics that go with it.  I like having more tangible assets vs. all mutual funds in my portfolio, thus having more management control over my returns. 

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Thanks for the input @Sean Carroll and @Ryan Cox .  I would like to be more hands-on, meaning having management control, but not manage the day to day activities.  I would use property management company if I went with a buy and hold strategy.   A $5000 per month or 60K per year passive income would be my goal.   Mark

Post: Starting Real Estate Investing Later in Life

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

I'm 60 years old.  I've worked a W-2 job for close to 40 years.   I have saved thru my 401K at work and even will receive a pension (or lump sum) when I retire.   Starting in March 2018, I will be retired from the W-2 job, but I do not want to "officially" retire from working.   I really want to get into real estate investing as a second career.   Reading and listening to the BP podcasts, there are a variety of areas to invest in real estate.  I'm would love to get some recommendations from folks who have started later in life investing in real estate and what areas did they focus on and why did they go in that direction.   Thank you!   Mark

Post: Investor Tax Strategists

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8

Thank you, Natalie, for your recommendation!

Post: Investor Tax Strategists

Mark Mattison
Posted
  • Specialist
  • North Charleston, SC
  • Posts 46
  • Votes 8
I tried calling Anders CPA and Farmer and Farley CPA in St. Louis. No one returned my calls. Maybe these firms are for larger investment companies. Is there are Amanda Han’s in the area? Any suggestions would be appreciated too!