I've just received a job offer out of state (a return to my roots). I've been advised by my mortgage broker that I would need 2 years in my new job before he would give me a loan to buy in that market.
With my curre...
Hi everyone, my name is Richard Spears. I'm 30 years of age and I'm starting my journey of real estate investing. My current role in Real Estate is Landlord / Real Estate Licensee ( Currently in search of a Broker )
I thought I would toss out a scenario and see what creative solutions folks suggest that might offer the best value to a potential seller. Let's assume the seller owns a single family house that they have fully depre...
I’m running the numbers on property in the Triangle area to purchase my first rental. It seams to me that HOA fees really hurt your monthly cash flow which is what I’m trying to focus on. I was wondering if any of you...
I want to analyze one hundred deals with my family so that we know we are getting into a profitable deal. I want to know what cash on cash return means, and all that other jargon I hear tossed about.I guess I will hav...
I have a pension and 401k from a company I just separated from. My goal is to make enough passive income to “retire” in my 40’s ( 7-10 years) My wife and I are still employed, but my wife no longer can work overtime.W...
My Roth IRA owns less than 10% interest in an LLC that invests in commercial real estate. One of the projects of the LLC is now completed and we are ready to list it. Can I be the listing agent for this transaction si...
This is a bookkeeping question.Every month we make a mortgage payment which includes: Principal, Interest, and Tax & Insurance.I split the payment in Quickbooks Online, so every month our mortgage goes down, plus ...
Hey all!So I have read a book or two, listened to probably a hundred podcasts, and everyone seems to have the same general idea of what you should be including for your expenses on your deals. Everyone also has the sa...
Looking for a (remote) tax advisor. My husband and I are planning to purchase our first investment property next year. We also started an LLC this year and need guidance on how to manage well for taxes.I’m surprised a...