My wife and I recently closed on a house in Omaha, NE at $155,000 using a conventional loan. Since the closing/move, I've read a few books including "Set for Life". So as it stands now we are planning on saving $1,500...
Hey guys! I am looking for some advice and suggestions on streamlining my rent collection efforts. I currently own and manage 9 rental units. In any given month, 5 out of 9 mail me checks while the others pay me in...
Hi everyone,I have a triplex that I just bought with my brothers in Richmond, CA, and I was wondering if anyone could give their opinion on how to collect rent without having to physically go up to the property? My br...
Hi, I am really new here to Bigger Pockets. I have been a member for a few years, but just recently starting gaining Huge interest in the podcasts. I am changing day jobs this week and that will give me the opportuni...
Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
As some of you may already know I tied up 2 free and clear wholesale properties under contract Yesterday. Here is the situation:
Motivated seller called, we met, I offered , he agreed, we signed two purchase agreemen...
Hi there - thanks in advance for taking the time to consider my situation!The situation:My dad is 75 years old and looking to retire in the next year. Currently, he is an apartment renter in Marin County, CA. He likes...
This is my first post here. I'm currently learning everything that I can to start accumulating my own wealth in RE investment, however this post isn't about me.
Let's say that "John" (age 63) has $1,400,000 ...
Good Morning,My company has a couple potential private lenders who are interested in lending to us for the purchase of a distressed residential property. My company will serve as the Gc over the project once complete,...
I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...