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So I am working a long term plan for the next 10 + years an thought I would give the people some numbers to work with and see your different strategies. Here it is. Total take home pay after taxes $8712.24 a month. ...
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Hello! We have an offer in on our first investment, yay! I have had a design consulting business before, but never in real estate and never with a partner. What’s the best way to structure our business so it’s equitab...
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I am a new investor in New York City, I have been hearing some good things about investing in performing/nonperforming notes in the south or midwest. Considering the difficult competition in New York, should I start o...
There are obvious situation were it just makes sense to hire a property manager. Out-of-state investments would certainly be one situation. For some it may be difficult if they had a full time plus job.
I know some...
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BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
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With the rise in interest rates, we are seeing price decreases on MF properties, at least here in Ohio. While we were expecting to sell our 45-unit in Dayton, OH for $3M, we are now looking at a sale price of $2.8M. O...
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I am a new investor who is in mid 30’s and saved up enough to put $60k towards a investment purchase. My question is, how do I go about getting a loan to purchase a investment property in neighboring state. I liked a ...
If you had $150,000 and wanted to find a deal with maximum cash flow, where would you invest and why? How would you analyze the deal? What factors would be most important to you (cap rate, property condition, etc)? ...
I've been doing some reading online, and I'm really confused with the whole checkbook writing Solo 401K. I thought I read it somewhere that you can transfer your Roth IRA to a checkbook writing Solo 401K (I don't reme...
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After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...