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Results (10,000+)
Account Closed buying tenanted properties 30 k and under
8 December 2014 | 24 replies
Account Closed I think you asked this same question on the Aussie site... you may want to ask the question in a different manner.Would experienced US investors recommend someone from AU investing in 30k or under properties in big mid west towns and then trust PM to handle them for them while they live 6k miles from the properties.The running costs.. bad tenants , deferred maintenance etc etc will no doubt cut your cash flow projections severely.In my humble opinion since you live half way around the world you should concentrate on a small multi family or a premier SFR in a much better location than you will get as opposed in buying very low end basically ghetto properties.James sells some nice stuff in the 50 to 60k range,, you would be safer in those price ranges...People that make it work in 30k and under houses live in the market and its a personal hands on type of investment...
John Vaughn building out a 4-plex to 5 or 6 units
7 March 2014 | 1 reply
I've owned a quadplex for about a year and a half, fully rented and booking a little over 36k in revenue last year.I financed my 4-plex with FHA.
Brian Dwyer New Colorado Member
13 March 2014 | 9 replies
It's an education and a half.
Sylvia B. Electric or gas water heater?
21 March 2014 | 26 replies
I get my high efficient ones for half price scratch and dent.
Andrew Whicker How do you renovate a place while tenants are living in?
7 March 2014 | 13 replies
They did have a half bath but the tub/shower was in the primary.
Joseph Tarallo Pissed Off, Bidding War. Help
7 March 2014 | 20 replies
If the trustee or bankruptcy court had a half of a clue what was going on, they would know right away the buyer is either lying to the bank buy buying as primary which is mortgage fraud and would not accept any offers like the one I am competing against
Sophie Mia Replace gas heat with electric baseboard heating in Triplex - Philadelphia?
14 January 2019 | 13 replies
Guess they needed the bedroom doors open but could have cured that too in that set up with a 3 foot duct.I have those in small houses now and natural gas bill is 100 bucks at highest in winter with months either side of that at half that. 
Josh Rich Setting Up Solo 401k
9 March 2018 | 98 replies
The following types of income are considered eligible compensation for IRA contributions.SalaryWagesTipsProfessional feesCommissionsBonuses received as a result of working or performing servicesTaxable alimony received under a divorce decree or separate maintenance agreementNontaxable combat pay to combat zone personnelDifferential wage payments (wages paid by employers for employees who are on military active duty)Certain net earnings from self-employment (after deducting one-half of self-employment taxes and retirement plan contributions)There is, however, a maximum age restriction for Traditional IRA regular contributions.
Sean W. ATTN! New member from massachusettes.
13 March 2014 | 22 replies
I have all ready read threw half of the beginners guide such fantastic information very interesting reading thank you!