Investment Info:
Single-family residence fix & flip investment in Bay View.
Purchase price: $105,000
Cash invested: $65,000
Sale price: $215,000
We sold our flip that is located in the heart ...
Should landlords put signs on rental properties? Could it attract squatters, or is it the right move for responsible property management? What's your take? What is your experience?
Do you have what it takes to be “Self-Directed” ?
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Part 1
A large majority of people should have their retirement fu...
Hi All,
I have an interesting deal here. My seller owns a historical 9 unit multi in New Haven CT by Yale which he has owned for 63 years. The time has come for him to consider his exit from the property. In the last...
I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...
I had COVID (totally no big deal), so I'm allowed to take money out of my retirement accounts. Any thoughts on this? Anyone doing this? My vision is taking out the cash, BRRRR, repay within 3 years and viola I got ...
I am a long time REALTOR and am looking for my first investment property in a long while. When my marketing plan pulls in someone looking to sell for cash, how and when are you disclosing you are a REALTOR? I imagin...
My tax adviser is telling me I need to set up an SEP Retirement plan to lessen my tax burden this year. I am primarily trying to shelter profit from a flip. I am a W2 wager earner and have rental income as well. I do ...
I was having a conversation with another military member and decided it was better to move it here for more to chime in, so his question was...@Ed Yadao "I am 4 years from retirement and I have saved enough to pay off...
Hey ladies and Gents, I've just paid off a car loan that had a 6 year term. The only thing is I paid it off 4 years early and apparently my credit score dropped from 715 to 712 on Credit Karma. I found out paying it o...