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4 October 2024 | 6 replies
Having them each inherit a duplex is a powerful way to set them up for financial success while maintaining cash flow for your future retirement.Overall, your plan is ambitious but entirely achievable.
1 October 2024 | 10 replies
You will be debt-free, financially stable, with $50k in the bank.
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1 October 2024 | 12 replies
It would depend on your financial situation but most of the time you should have it paid through the LLC as you should be able to get more tax benefits and legal protection.
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30 September 2024 | 4 replies
My partners just need to execute and I take care of the financial side..
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1 October 2024 | 7 replies
Certain taxpayers may also have to fill out and attach to their return Form 8938, Statement of Foreign Financial Assets.My personal conclusion on investing outside the US is I'd only do it if I were to live where ever the place may be.
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1 October 2024 | 8 replies
The “tales” of nothing down/seller subordinates “down payment” done successfully almost always hide the most important information - that the buyer either provided additional collateral (such as real property owned “free and clear”, a certificate of deposit in an amount greater than the down payment required, or the buyer is financially strong enough that part of the financing was in effect a personal loan or line of credit.
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2 October 2024 | 48 replies
So my cost has to be less than $3750 to make it financially worthwhile.
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30 September 2024 | 9 replies
It's to provide clarity on Real Estate Financial, Tax, & Legal to real estate investors who probably don't have a strong background in tax, legal or financial.
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3 October 2024 | 14 replies
@Rafael Ramos Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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2 October 2024 | 16 replies
@Hanzel Ana Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?