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Results (10,000+)
Praveen Cherian License requirements to buy and sell Mortgage Notes and CFDs
12 December 2019 | 8 replies
It will in effect be treated much like the non owner occupied residential loan, with state regulation only.Owner occupied residential mortgage notes are subject to both the SAFE Act, and regulations by the Consumer Financial Protection Bureau.
Juan M Restrepo Can I use a 401k Loan for down payment on a Home?
1 November 2019 | 5 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).
Michael Street Real Estate or Index Funds?
6 November 2019 | 13 replies
Not exactly an impressive amount per month.On the flip side, if we drop 30K in an index fund that "currently" indicates a 10+% average over a 10 year period of time and put 3k+/- per month in it, by the time 10 years has lapsed we would have a significant amount of funds that are effectively liquid and not tied into an amount of equity that we would have to leverage or sell to gain access to.At this point no decision has been made.
Account Closed Why I Avoid Investing in Michigan
6 November 2019 | 5 replies
The County Seized His Property, Sold It—and Kept the Profits.A state law allows counties to effectively steal homes over unpaid taxes and keep the excess revenue for their own budgets.Eric Boehm | 11.6.2019 7:40 AMAn 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41.
Darius Lipsey Interviewing property managers and checking references
20 November 2017 | 2 replies
Generally you want to see no more than 50-75 units per manager to provide effective, responsive service.6. 
Mak R. Tax Attorney or Real Estate Attorney?
5 November 2017 | 4 replies
LLCs are passthrough entities, meaning that they are effectively the same as buying in your own name from a tax perspective assuming it's a single member LLC. 
Jeremy Staker Newbie investor in Cedar Falls, Waterloo, Waverly
2 November 2017 | 10 replies
If true, this could have an effect on demand.
Heather M. Am I a fool for quitting wholesaling?
2 December 2022 | 72 replies
Heather M.Wholesaling can be an effective and durable real estate strategy and can be ethical as well, but that requires a lot of work, ethics, and most likely a real estate license.
Treivor Cashion Small Multi-Family units - what's your experience?
10 January 2018 | 14 replies
I happen to think large multi-family is the best, because economies of scale make management much easier and more cost-effective.
Mark Vandzura self manage vs property management company
24 April 2019 | 62 replies
If you think hiring an assistant is going to be cheaper or more effective than hiring a professional manager you need to step back and really think that through.