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My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
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I am looking to do a self directed IRA, i was thinking of using
the "Equity trust Company" www.trustetc.com.
Their fees seem reasonable, the service seems capable, and they
are out of Ohio which is not a hotbed of f...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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Hate to ask same old questions others ask. However, I've read multiple articles on 1031 basics through Googling, but have failed to find answer to some specifics. I'm in CA by the way. I don't expect answers to all, b...
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I am interested in buying a 4 unit Multi Family Property in Los Angeles. I would be purchasing this property with a partner. I own no other units and would be occupying the property. I would like to take possession of...
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I am a 44 year old lawyer who is seeking to transition to real estate investing with a goal of retiring from my legal practice and making a living on income from real estate. I have $250,000 to invest and am intereste...
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Economic Update Monday, December 14, 2020)Emotional intelligence, an important concept for investors to understand, is loosely defined as being able to recognize the feelings of ...
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I was wondering if anyone could give me advice on what to do regarding my underwater mortgage. I understand I have a bunch of options but I'm not sure which one is best. I am a teacher; my wife is unable to find a f...
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So I'm looking for some advice on how to negotiate this deal. I have come across a seller who has no mortgage on their investment property, lives over 2 hours away from the property, and is fed up with renting, and j...
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I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...