
3 January 2019 | 8 replies
Should I get a CPA to help me with my taxes this year or should I continue to use online tax tools until I have acquired more properties?

29 December 2018 | 13 replies
: 1) buy the house by using $50k in cash from a HELOC2) get an invoice from a contractor for the $15k in rehab costs before closing and put the $15k in escrow with your closing attorney in charge of the escrow3) on the HUD1 settlement statement, enter the $50k purchase price on line 101 as the "contract sales price", enter the $15k on line 103 as "settlement charges to buyer", and the total of $65k on line 120 as "gross amount due from buyer"4) the property gets rehabbed and the contractor gets paid through the escrow as the work is completed.5) get a tenant placed in the property after rehab is completed6) get financing on your property for the lesser of a) 75% of the ARV which is $67,500 or b) the "gross amount due from buyer" per line 120 on the HUD1 settlement statement which is $65k7) so overall, you get your $65k cash back out through a mortgage that is based on the "gross amount due from buyer" per line 120 on the HUD1 settlement statement8) you now have a rental property with a tenant paying your monthly mortgage and you essentially have no money left in the deal@Andrew Postell I read your other post, which was fantastic.
22 December 2018 | 2 replies
A brief search of reviews online wasn't promising.

21 December 2018 | 5 replies
I just use QuickBooks online.

19 December 2018 | 11 replies
I'll see if I can edit my post to be more understanding.

22 December 2018 | 12 replies
@Frank Molinaro Here is my "starting up" collection: Read http://greeneincome.com/index.php/2018/10/29/ideal-vs-desperate-investor/ Read Dave Ramsey book "The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness." and complete the baby steps there.

25 March 2022 | 4 replies
It is also possible that the income that I got from that would be more than the income I'm receiving now as a student using GI Bill benefits.I started a podcast with my wife that has taught me much in the ways of marketing, audio editing and outreach.

2 January 2019 | 30 replies
I would not consider Air Bnb.I want to go on line book my room know the hotel is there and everything is working.. plus I know the bedding is good etc.

14 January 2019 | 4 replies
You can even find some basic wills online for pretty inexpensive.

20 December 2018 | 6 replies
While you can often find good quality lines like Moen, Kohler and others at both big box and supply houses, you’ll need to go to supply houses or online retailers for higher end product.