My father is a school teacher who will in a couple years be retired with his full pension from the school system. He also has a Roth IRA and 401k. He’s just a middle class guy who has saved his whole life. Robert Kiyo...
Hello there,I don't think this is a unique question at all but is one I have been pondering. I am looking for ways to buy bigger to gain the economies of scale that will come with it. One idea I have been contemplat...
I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...
Did you ever hire Ronald and Kimberly Weaver in Management Systems Residential (MSR) in Detroit MI before? We hired them as our property managers in Dec 2012. We have had a terrible experience with them. Here is why: ...
Hey BP,Filing my taxes for my first full year of being in Real Estate. Every transaction I did last year was an off market transaction. All income came in as either an assignment fees or funds from vacant land sales ...
I do not have experience with this topic and looking to understand the ins and outs. If you buy a rental property with a mortgage and there is a significant amount of damage to the property due to fire so that no unit...
I recently was offered a pension lump sum payout by a previous employer. As a 45 year old, I have a few years left until retirement. I have 13 vested years with this previous employer with a monthly payment estimate...
My grandmother is offering to gift me a property she co-inherited with a disabled person. To make the story short, she inherited 80% of the property from a friend she helped through her illness for years. My grandmoth...
Should I contact the insurance company? I just received a call from my PM. The tenants reported a roof leak and it’s still raining. The PM recommends I call the insurance company tonight if possible. ...
I know there is no universal way of structuring flips, but how do you normally pay out your investors for a flip? Duration 6-12 months. Raising $365,000. Am putting in $75,000 of my own money. Do you pay out an annual...