Andrew Michaud
Is this a good deal? 8 unit rental property @ 350k
I am looking to purchase an 8 unit apartment building in a good area. Purchase price is $350k, with 20% down puts me at $70k invested (before closing costs) and $280k financed for 15 years. Property gross income is $6...
Jon Klaus
Structure of escrow account with seller finance?
What are the caveats and how do you structure escrow accounts for property tax and insurance?
I'm selling a home that I own free and clear. I'm creating a new 30 year note, contract for deed. My buyer is finding t...
John Clark
Private Money Interest Rates
So I have maybe silly question about private money interest rates. I've got a potential person I can work with as a first time private lender, however I want to make sure when I try to convince them of their ROI I'm ...
Troy Benvenuto
Hello from Jacksonville. Home purchase ROI questions.
Hello all. I am in the midst of purchasing a historic home in a historic district of Jacksonville. I am trying to analyze ROI based on OOP methods. Can anyone give me a way you figure a target ROI? Meaning, I want to...
Brittany Trevino
General Business/Legal?Tax Questions
Hi everyone, I have a few legal questions that I'm looking for some clarification on..I started an LLC under the impression that it will be my "business". However, now I'm hearing I should only put a handful of proper...
Paul Sassin
Single family investment
Hoping to get some feedback in regards to cash on cash and cap rate for a single family investment property I'm looking to purchase. Purchase price of 215K (Currently worth about 230-235K). Total Cash investment is $6...
Raymond Shoe
Help with maintaining LLCs
Anyone have tips on maintaining LLCs? We created an umbrella structured an LLC with Anderson Business Advisors. Their monthly service is quite expensive and we would like to detangle from their services and manage the...
Jeremy Bernard
tax implications on a 401k early withdrawal
Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...
Account Closed
The Rise of Single-Family Rentals
People are trading homeownership for rental properties in large scores.For the last decade the number of renter households has been on the rise. A Housing Vacancy Survey found that between 2005 and 2015, the market ex...
David Yee
Calculating S&P 500 growth for retirement
Hello! At the moment my retirement investments are primarily focused on the S&P 500. I've used a number of different retirement calculators but am having a bit of difficulty navigating them; especially with respec...