Debt or Leverage of Low interest, what is best plan before retirement?we live in California, have primary home and a rental home. I have 530k balance primary home first mortgage locked 3.5% for 30 years (PITI=$3263), ...
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...
Is proof of funds required to simply submit offer? I've submitted two offers in the past and was never asked for it. I was told it would only be required if the offer is accepted and the bank/owner wanted to move for...
Setting the stage:My wife and I have been looking for quite sometime for a good opportunity in our area, southern California, beach community. A realtor I've been in communication with called me up and said I have so...
Hello,I recently sold a house in Southern California where the market is tanking so I do consider myself lucky enough to get it sold without losing a ton of money. Anyway, what should I do with the profit? I'm singl...
I found this property on Auction.com which has a stated starting bid of $367k. The unpaid balance on the loan to the lender is the same 367k. But the going price for a SFH in this neighborhood is around $600k.Since th...
I am entirely new at investing but my family has been involved in this industry for quite some time. Now that I am in a position to infiltrate this industry I am ready to jump in both feet first. How big of a property...
My mother is planning to retire, and depsite having a CPA daughter and son-in-law, she still believes she knows best when it comes to finances.
So, I am posting this so that perhaps, in your own words, you wo...
So I'm new to REI but moving quickly to get my business moving. It's going pretty good so far and meeting four sellers next week. One of the first things I did was to attend a nearby REI club meeting. Now I underst...
My name is William Alston.
People mostly call me Mr. Bill.
Why is too long for this post.
I'm in Sacramento, CA just watching the melt down... er ummm recession... I mean depression.... or riots maybe..
I am just...