6 September 2019 | 6 replies
One of the kids around here (MIT grad) took over his fathers farm then added thousands of acres as feed lots.
25 November 2019 | 39 replies
He is also downsizing because it is just himself now and has little family besides his sons who do not live at home so he realizes it all will not fit in the new house left to him by his father
30 January 2020 | 2 replies
Father passed and left me properties- two of which were bought as a second home.
30 May 2018 | 5 replies
So right now I'm playing with the idea of buying a SFH, planting roots (single father of two), and ... or investing in units outside of my state.
8 April 2022 | 13 replies
My father has been an appraiser for 16 years before becoming a broker here in AZ and has told me appraisers often do not know how to value parks, since they are so unique and often gets calls from appraisers for help.
28 October 2021 | 65 replies
My father was a mechanical engineer who developed a reputation of being prideful and difficult to work with and lost his "good" corporate job in the mid-80s.
11 April 2015 | 8 replies
Hey Everyone,After many months of studying, asking questions and consistently learning from the podcasts I am ready to move on my first investment.I am partnering with my father on our first multi family investment property.I was wondering if i open up an LLC can i have the property be owned by the LLC but myself and father are the ones responsible for the payment?
23 May 2017 | 4 replies
Part of the issue is that I'm looking to buy a new investment property in the market in which the two others I own are located (Washington, DC), but the minimum price for property acquisition in that market without having to do a substantial amount of work is in the $300K range.Some background:I currently have two conventional, 30-year, fixed rate mortgages (one on my own, one with a co-borrower [my father]) on two single family homes and when I looked into getting pre-approved for another loan around this time last year, the lender I was going to use told me that my debt to income ratio was too high.
23 June 2015 | 2 replies
I'm considering investing into a Homevestors Franchise and would like to use the funds I've saved in my 401K plan without doing a taxable withdrawal.I've heard of MySolo401K, Benetrends and Guidant...but I'd like to chat with someone who has actually done this.I'm 63 yrs old and would like to pay cash for my fix and flip properties but not be taxed on withdrawing the funds from the 401K.Happy Father's Day!
21 August 2015 | 18 replies
My Father is definitely an "Old Dog", but he is fine with me bringing in some "New tricks".I look forward to learning as much as I can here, meeting some great folks, and hopefully helping others along the way.Scott