John Hunt
Young 20's investing - What are my advantages?
13 October 2019 | 69 replies
you can also hedge your bets by maxing your employer 401k match and max your roth now, giving you options later on, because you never know.Your penalty for failure is less., if worst case happens, and you crash and burn, at your age, overcoming a bankruptcy or having to walk away from a property, you can rebuild your financial picture well before it's a more significant part of your daily life when you are older, and might need to leverage credit for the bevy of financial demands that come later in life. when you do have kids, a house in the burbs, 3 cars, and college payments....etc.Your lack of experience is the same as anyone else getting started, like me, twice your age.
Kristopher J. Anderson
What to look for when picking a custodian for self-direct IRA?
22 March 2019 | 2 replies
Confirm that the provider has experience with the particular investments in which you intend to invest your retirement funds as you very likely will have questions in terms of the mechanics (e.g. how do you invest in real estate, etc.).4.
Kevin L.
Qualifications needed for doing 1031 + 121 exclusion?
23 March 2019 | 5 replies
So he qualifies for the 121 primary residence exemption.The mechanism is that the property is sold and a 1031 is started but on the settlement statement for the sale the client takes $500K boot.
Beverly Bowman
Money or Experience first. Or should I have both before to begin.
25 March 2019 | 5 replies
It helped me understand the mechanics of how REI works.
Bharath Raj
Energy efficiency improvements for office space
26 March 2019 | 7 replies
I would recommend that you get an auditor or mechanical engineer to give you some suggestions.
Jerry Swanson
Meeting a mentor for first time
24 March 2019 | 1 reply
How did they get started, what way do they invest (Buy/Hold, BRRRR, Flips ETC) what they learned, what worked for them, what failures did they have that you can avoid?
Jeff Piscioniere
Using a HELOC for rental property purchase
27 March 2019 | 14 replies
The exterior, sure, but not the basements (unless there are mechanicals / water issues to deal with).Are you buying this under market value?
Dimitri Wilson
HELP! Dealing with PM and Tenants that abuse maintenance calls
11 April 2019 | 28 replies
That way you can size up how frequently to expect repairs.I would also say choosing a PM is about the same as choosing an auto mechanic.
Rita Neri
commercial real estate is a architect or an engineer less costly
28 March 2019 | 7 replies
The size of support corridors, mechanical storage, laundry, etc is widely variable.
David Triplo
Zoning Issue Right Before Closing in Lincoln Park
19 February 2019 | 26 replies
For a six figure discount from your original offer, it may be worth buying it as a two flat and taking the time, effort, and money to try to get that garden unit certified but there's still no guarantee that it could be done; to me a $75k discount isn't worth that risk of failure unless you think the numbers could still work as a two flat (after paying to have the first floor duplexed down).