Kristen Martin
What to do with 100k.
So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar ...
Michael Rodriguez
First property starting with a 4Plex
Hi All! I've beem researching the Rochester NY amd Buffalo NY markets for approximately a year now while listemimg to the podcasts (up to number 97) and educating myself as i go. im 27 years old and intend to retire b...
Kevin Allen
Cares act 401k question
My wife has been out of work due to the virus. She has a hair salon which has been forced to close down during the pandemic. Does anyone know if I will be able to wave the 10% early withdrawal fee if I take a distri...
Christina R.
Top 10 Questions to ask when buying LAND
I sent out my first weekly mailing of YLs last Saturday (thanks @Jerry Puckett) - and yesterday received 2 calls. I followed up this morning after doing a little due diligence on the addresses last night.
...
Nestor Soto
Taxes
Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...
Dick Rosen
Bed Bugs... who is responsible?
I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
N/A N/A
Should I sell or keep
Hi folks
I live in southern california and I am wondering what to do with the townhouse that I used to live in as my principal residence:
Bought in 1999 for $350,000 (4 bed 3 bath townhome)
Current Market Value: $...
Jacob Sanders
Should I use my 401(k) for a down payment?
I'm still new here, so I apologize if there is a better forum for this post.I am wondering if it would be worth it to use money from my 401(k) as a down payment on an investment property (a flip preferably). What are ...
Christopher DeLucien
Warmer climate investing trends
Hello
As a newbie investor, and one who is actively trying to fill gaps in my knowledge, I am curious to know if anyone is actively investing in the warmer climate states (IE: Texas, Florida). If so, what sort of sea...