Angela Godbout
I'm Brand New and in Need of a Bit of Hand Holding
Hi, I am a single, disabled woman in need of serious help. Let me just give a bit of background so you know where I am coming from. I have some cognitive impairments due to a tumor that are really hindering me at ever...
Nicole Ferrara
Heloc on investment property for more investment properties
I purchased a SFH as an investment property - I’m reading here there some CUs and banks who will allow a 80% heloc (in order to get cash for another investment ) . Is this not a preferred purpose .? When asked by ba...
Ty Mason
Best Investment Vehicle for down payment savings
What is the best investment vehicle for the savings that will eventually be used for a down payment on our first rental property. Currently we have about $5k in a discover savings account earning 2%. Is there a better...
Chance Bostick
Rapidly growing small town, college housing?
Hey guys,I just finished reading Rich Dad Poor Dad today and really enjoyed the book, but now I'm ready to start taking action. I live in a relatively small town in central Texas with a population somewhere around 21...
Jeffrey Muth Jr
Investing for children
Hello- Been recently listening to the podcasts. My kid has about $8-900 (we have been saving every dollar he gets from birthday & christmas) I want to invest it in something but don't know where to start.I would l...
Kelly N.
Prorated rent collected at closing- tax question
Hi,
We closed on our first rental property last month and had prorated rents deducted from our closing costs. The amount deducted is considered rental income, right?
Thanks,
Kelly
Matthew Irish-Jones
Real Estate Syndication, Partners, and What to do about Capital
Hi,My name is Matt, I have been involved with Real Estate investing for 6 years. I am a 25% owner of a LLC with over $1,000,000 worth of property. I also own my own double in the city of Buffalo that I will be doing...
Dan Cahill
Buying investment condo
Is now a good time to buy condo's in Boston suburbs?
My mentor/broker is now advising I consider building a portfolio of condos, instead of CRE
It's still a hot housing market here, so one must act quickly when a li...
David Jennings
Is profit possible?
I know stupid question, But im wondering say if someone did buy a property (apartment) is it a reality to get rich from it? im just wondering i know an appartment can earn alot on a monthly and yearly basis but do you...
Dan Barentine
Need clarity on cash on cash ratios
A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity