Erwin Sham
Anyone used J Massey Short Term Rental Mastermind Business Course
18 June 2020 | 30 replies
@Erwin ShamYes, many people do much better in a more traditional classroom setting.
Scott Anderson
Central Illinois BRRR
25 November 2019 | 7 replies
Who knows when the next market correction will be but that might be a good time for you to venture out to your second market like Indianapolis to hold part of your portfolio in a lower property tax market.Yes both myself and @Nick Gaines are in the Champaign area and I have a few properties which are traditional college rentals.
Joel McKinney
Question on capital gains taxes
5 December 2019 | 9 replies
Other option would be to cash out a Roth IRA and roll funds into the project.
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).
Brandon Wolf
Looking for investors in Maryland. Multi-Family/Apartments
28 November 2019 | 21 replies
Do not hesitate to ask me any questions you might have regarding traditional financing.
Michael Street
Real Estate or Index Funds?
6 November 2019 | 13 replies
If you qualify and you're not already, I'd encourage you to invest in a ROTH IRA (I've used Vanguard with VFIAX index funds that I love!).
Dylan H.
Return Rates on Direct Mail Marketing?
13 November 2019 | 9 replies
Traditionally direct mail has a response rate of 1-3%, but in competitive markets it may be less than 1%.If you are going to do any DMM I recommend using very targeted niche lists and totally custom mail pieces as a way to stand out from the crowd.
Greg K.
HUD Home Title Issue "Deed in Lieu of Foreclosure"
11 November 2019 | 5 replies
So I'm covered but it was a stressful few days while the lender and title insurance company went back and forth.I'm noticing more HUD Homes are being acquired in this "deed in lieu" transaction as opposed to the traditional foreclosure route.
Heather M.
Am I a fool for quitting wholesaling?
2 December 2022 | 72 replies
Do I want to deal with the mounds of absolutely stupid and pointless paperwork involved in traditional sales?
Adam Read
Fixer-upper home loans Non occupied
13 December 2017 | 6 replies
Perhaps @Kevin Romines could shed some light on finding the right traditional lending program for you, as he's in that lending space and in your state.