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A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
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Recently while looking for resources on past real estate cycles, I came across below 2 articles.1. http://www.businessinsider.com/the-economic-crash-...This article has a lot of data but is missing the explanation for...
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So I went to see a lawyer today. I went to see him about forcing the cell of one of my deceased father's estate properties. But here's the back story first. Exactly three years ago my father purchased a house in Delaw...
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Ended the year with a 56 unit close yesterday. Super hustle to get it closed by end of year or else some penalties (even though we weren't the ones dragging our feet) heh.Closed 88 units this year. 20 of which were SF...
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Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
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I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
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My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
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I'm far from the 15% tax bracket, but my tax bracket will drop drastically in retirement, so I'm wondering if the 0% capital gains tax will apply to real estate investors who sell real estate and are in the 15% or 10%...
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I am in the final stages of acquiring a down payment for my next investment. I was initially planning on using the money to purchase a property in Palm Springs for an STR, but with todays announcement of higher inflat...
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At first read, I’m sure the amount of reasons not to cash out my 401k will be many, but I want to give context and see what you guys think.
I have about 250k in a past employers 401k. My options with it are to cash ou...