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25 August 2016 | 2 replies
I'm active duty AF, stationed in AZ until I retire in Nov.
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25 August 2016 | 1 reply
I'm active duty AF, stationed in AZ until I retire in Nov.
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27 August 2016 | 17 replies
Property taxes were included in the analysis - 3900/ year I believe I'm also a licensed real estate agent so will save some money on that endThanks for the feedback
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25 August 2016 | 4 replies
I pulled over and took a photo of the sign to quickly save the info.
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6 October 2016 | 8 replies
It might preclude your future personal involvement.There is an alternate structure known as a Rollover as Business Startup that allows you to capitalize a new or existing business with retirement funds, and be directly involved in the business.
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1 September 2016 | 14 replies
However the math is simple… run an amortization calculator see what the taxes & Mort payment are, and then know what a flat in that area rents for, With that said here is 2 typical examples of Albany propertiesNew Scotland area 2 family’s run around 220k, 6k taxes, 1k insurance payment would be around 1570 a month, typical rentals would be around 1300Washington ave areas 2 family will run around 140, 3500 in taxes, 1k insurance would be about 1000 a month, with rentals being around 1000 a month.So you pretty much can break even in the not as good areas, grab a roommate or 2 and you’re really cash flowing.But don’t forget about the big savings of the low down payment and locked in low interest rate when you plan on exiting in 2-3 years
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25 August 2016 | 1 reply
I am 56 years old and would like to increase my income and plan for retirement.
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26 August 2016 | 2 replies
Ultimately, I'd like to retire from my current job in 2-3 years and do investing full time.
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2 September 2016 | 18 replies
I am REI newbie trying to gain knowledge and save money in efforts to reach my RE goals house hacking 2 flats.The BP community is very friendly and informative.
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3 September 2016 | 33 replies
The ROBS 401k will allow you to use all of your retirement funds to invest in your own real estate operating company and draw a fair salary.