Mark McNutt
Is it worth overpaying for good cash flow? Need vet advice!
9 May 2017 | 19 replies
If this is a listed property, the Realtor.com site or your agent should be able to answer all of the above.I know you said the owner needs $115K to retire his debt, but if the property has been listed a long time with little interest, that's a good indication that your agent is correct and it is over priced.
Boe Bishop
Flipping a house to yourself.
18 March 2019 | 23 replies
Those 2 things stay seperate the llc has the insurance to rent, but I have my own money from a 9-5 and retirement plans that I invest on flips.
Brandon Vannier
Investing out of state, would you do it?
17 May 2017 | 69 replies
It is like trying to find a job in Malaysia and try to save for a retirement in US....
Andy Chen
Is there a thing as being too aggressive?
23 August 2017 | 3 replies
I honestly thought she would make a great partner as we both shared the same vision of doing real estate to retire early.
Will F.
Reving up Direct Marketing Campaign for 3+ unit apartm & SFRs
26 June 2017 | 7 replies
I think banks will often just take over payments because property value is so high.I might focus on Older owners trying to just cash out and retire.
Gavin Hirsch
Ensuring Success for all investors
22 May 2017 | 1 reply
My father and I want to buy real estate together but we are in very different places: he is 60-something and newly retired and I am 30-something and eager to start my path to financial freedom.
Nathan Poole
Newbie living in Denver, Colorado
28 May 2017 | 14 replies
Also, my parents are reaching retirement age and don't have much savings built up.
Ryan Miller
What do you recommend on bank accounts?
4 June 2017 | 10 replies
I set up auto pay to pay mortgage, HOA fees, insurance, and one non escrowed tax bill directly and on time.I set up auto transfer of funds for the reserves to the joint reserve account and transfer of cash flow to the joint collected cash flow account.We do a lot a travel in our retirement so I try to automate as much as possible.Yes I am new to Mint and it does consolidate all these as well as your personal ones into one place.I guess you could set up to Mint accounts if you wanted to separate business and personal.The AI features allow you to train the transactions Mint brings in to be: "Rental Income", "Rental Mortgage" "Retirement Income"in my case , Rental Tax , Rental HOA, and any other Schedule E items that you have each month. and other tax return categories like Health Ins, Dr's, Rx etc.You can "tag" each transaction for multiple search returns such as "tax item", "rental #1"I have found that with a mortgage from Wells Fargo, they don't charge or have minimum deposits for each back account.
Wendy S. Yu
Way behind in Woodland, CA
2 June 2017 | 4 replies
Some unusual circumstances (that at least included the positives of international living) equal: a spouse who's only been finding employment overseas and a contract that ends in 2 years with no idea of what's next, no career for me, kids growing up (one in Germany, one still in high school) at the same time my dad has moved in and needs some caregiving, no retirement to speak of for DH and myself, but dad's generosity has provided us with a now-paid-off SFR via no-interest personal loan payable if at some point dad has to move out and go into assisted living.
Shaun R.
Young people - start today
4 June 2017 | 12 replies
That said, me being the chronic optimist I am, I'm glad I came around to the idea of investing now instead of right before retirement.