I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
Howdy -
I have a couple questions, and I've included a post that seems valuable.
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Ok investors, I've been trying to wrap my head around all these different taxes that rehab/flipping businesses are subject to....cant anyone put the different types into laymans terms or at least point me in the right...
Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
I will be doing residential rehab/resells. I now have an equity partner. He puts up the capital, I do all the work, we split the profits 50/50.
I operate through my single owner S-Corp. My equity partner will operate...
I originally was going to send this as an email to a couple of investors I know that may be encountering the same issues or have already overcome them, but I realized I would be missing out on some potentially grea...
Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...