I found a duplex on Zillow and the prior purchase price was 96k assuming they had a 80% mortgage they should owe about 71k on the property which is close to the asking price of 74k.

We agree on the goal, but how to get there?

This is just the beginning of my research and I understand a lot needs to be looked into/evaluated prior to purchasing the land. 

There is no way to fully mitigate this, but be sure to have detailed conversations with them prior to getting them in a deal.

The amount of knowledge is overwhelming, but I'm hanging in there.My 401k and Roth used to be my rock, literally my goal to becoming financially independent, but I'm seeing now how thin simply maxing out a Roth account is for me as a plan.

My husband and I just started investing in Multi family, our goal is to acquire 2-3 properties in the next 12 months.Meanwhile, I know there are many Chinese investors and new immigrants buying US properties as primary residence or investment .

What are your investment goals for 2017 and 2018?

. $5,500/yr for IRA)- Ability to access up to $50K of your retirement funds tax and penalties free prior retirement via participant loan feature- Greater protection from creditors- No need for a custodian + checkbook control- Exempt from UBIT on leveraged real estate - Tax-free investing with built-in Roth component - and more!

Anyone who make more than $400 net profit at the end of the year is taxed on it even though this might be their only income.With this in mind, can Michael N say "I am a business owner" (as a sole proprietor) prior to starting his trip to Kansas and start deducting all his business-related expenses from this moment on?

Account Closed Before you do your networking be sure you got your real estate goals and elevator pitch ready.