I just paid the token 5K amount for a property in Dallas to a well known wholesaler in the area after a silent bid. The wholesaler is telling that the closing will happen in 1 month and the seller needs to have 1 week...

Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...

Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...

During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...

I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...

I was just wondering everyone's thoughts on how the outcome of the election will impact small multifamily real estate?
Thanks!
AZ

How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down? 

Hello everybody!I was talking to a mortgage specialist about my plans to start buying multi-family assets on the commercial loan side and he reminded me of a typical 3 year seasoning period before I can refinance. (I ...

Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?
A Cost Segregation study is an IRS approved ...

Hello,I am starting my quest into investing and renting multi-family units. I wanted to get your opinion on expenditures. I know I need to compensate for electric, water/sewer, property tax, garbage, vacancy %, repair...