Dominick Johnson
How do you invest for your children?
1. What is your method of investing/saving for your children?2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every sour...
Matt Liu
Family loan -Should it be Ammortizing? 30 year?
When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...
Greg P.
How to save on Materials?
Hello, I've heard of certain ways to save on materials for example buying gift cards on craigslist (even though this might be risky since scams), but I was wondering if anyone could share any other tips or tricks to s...
Danny Webber
Best thing to do right now to prepare for the new REI Market?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
Felipe A.
Rehabbing an Existing Property in a High Demand Area
I am not sure what sub forum to direct this to - this one seemed like the best one. I'm turning to the forum for some preliminary advice.Here's the short version:My father still lives in the house I grew up in. It's...
Ramon Sorto
Using a 203K loan. Pros & Cons/Advice and tips
Hello everyone,
I am considering on purchasing a SFH in Charlotte, NC but the house needs major work too be done. I am considering on using a 203K loan (if possible) the house has been on the market for almost 4month...
David Hedges
what to account for when estimating for a airbnb rental
I've been debating on buying a property to use as an airbnb rental. I'm familiar with estimating for a property that will be a long term rental, but not this. I wanted to see if I might get some tips on what I may nee...
Blair Syme
Sell, or borrow against home to purchase 2nd investment prop?
Hello all! I am fortunate enough to have one of those good problems on my hands and would love any advice or feedback I can possibly get...please forgive my neediness/density as I'm new at this and I've had quite ...
Troy Sheets
Who's using IKEA cabinets? Talk me out of using them!
So we're a few flips in now and we've only used IKEA cabinets with the soft close hinges. They look good and work well but our contractors hate them due to the assembly time. We're probably getting dinged by the contr...
Bienes Raices
When to start using a CPA?
My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...