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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...