Robin Bradshaw
Retiring at age 65 and purchasing a home
I am age 65 and would like to retire. I have very little savings but excellent credit. I am looking to buy a home and have a tenant to help pay the mortgage. The only other debt I have is my car note. If I can pay...
Kyle Clark
Should you use this new way of marketing?
Are you real estate agents using social media to effectively market your homes, or are you using the old way of marketing such as word of mouth? Learning how to do this yourself is hard and even if you learn how to us...
Mitch Davidson
Car loans. One of the biggest barriers to investing in RE.
Hi friend. I’m sure you’ve heard many tips on how to start investing, how to grow, etc. Below is some advice that you may have not heard. In fact, it’s so unpopular and counterintuitive that a Google search for suppor...
NA Mass
S Corp Election or Not: House Flipping in MASSACHUSETTS
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Tom T.
End Game Strategy
Hi all,Here is the scenario.61 years old. Will soon look at retiring. Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280. Purchased in 2...
Martin Neal
Retirement insurance options
What are you doing for insurance after your retire early?? I want to get an idea of options and cost for insurance if I retire early.
Brian Garrett
Why do investors choose LLC's over S-Corp's?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Christopher Williams
Tax classification
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Mike Steffen
Passive Investor - How to report on tax return?
One of my friend has business of flipping houses. He offered me to invest in his business on profit sharing. I will be just an investor and will get my money back with profit once he sells property after fixing it. Ho...
Scott Harper
Financing as legal entity
I plan to pay 150k cash for sfh. My plan was to close with existing sub s corp on title. After rented finance out. Will this affect me when trying to finance 80 percent of appraisal out in a couple of months? It shoul...