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My wife and I are in the process of closing on a third property we use for short-term rentals. We're in a vacation area, typical high prices / high nightly rates scenario. Our original two rentals are filed on a sch...
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I'm a fix and flip investor who is used to buying homes and fixing them up both inside and out. Not only making them as pretty as they can be but also as safe as can be. I'm having some mental hurdles that I am having...
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Hi everyone,I'm looking to flip my next property to get some more cash. I've been snooping around MLS and direct mailing for a bit. I usually stay away from condos and HOAs but recently I took a look and it seems like...
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I am looking for some advice based on what others in the community have done with their 401K’s. My first investment ever made was my 401K. At one point my wife and I were putting 15% into our 401K’s. The more I lea...
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Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC. It s...
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Good Morning! I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. About me: owner of a primary residence, looking to get a multifamily (preferred...
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Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
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Hey all - a tenant has raised the issue of a registered sex offender living (or "frequently staying") at a home on the block. My property manager has not provided much help ... I have a call into an attorney to discus...
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Hi everyone!I recently bought a mobile home park in South Carolina and am having a hard time renting the park owned homes. The previous owner had lower standards for tenants, and would lease to anyone who applied as l...
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Hi all,Just noticed there is a 50% property tax increase for a property we bought early this year. Specifically, it's the "improvements" that doubled from 2018. It's been flat for decades and all of sudden hiked. I no...