I would love to get an idea of how everyone feels about the future of our economy. With all of the swift changes that have occurred, I would love to see how everyone thinks things will turn out.
I believe there will ...
Has anyone used a Financial Planner familiar with real estate investing to help map out short term and long term strategies? Any comments or suggestions based upon your experience?
So after months of mailing i finally got a motivated seller to show me their property next weekend. I just had a question. If property was appraised at 125k.. and 47k is owed on the mortgage. Since the home is the on...
Neighbor of one of my rentals passed away. As far as I know he lived there alone, how do I research and find out whats happening with the house, if the price was right I wouldn't mind flipping if it made sense. What...
I've got about $10K sitting in an IRA account that my employer and I both contribute to. Is there any way to pull some money out without too much penalty to use as a down payment on a triplex I'm looking at?
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...
I have an orphaned Roth IRA that I can't really do much with. There is a limited amount of money in it right now (let's say $10k for discussion purposes) and I don't expect to contribute more. I am considering going...
Interesting article by Charles Krauthammer in the Washington Post today. His theory is that a Value Added Tax is the ultimate goal of the Obama administration. It may be the only way to generate the massive amounts ...
Hello all,
Like most people in Cook County, my property taxes have climbed higher again this year. I received something in the mail from a tax attorney about appealing my taxes to potentially lower them and now am co...