Hello:Question:I wanted to ask for help and advice around money allocation. Should I put less in my 401k so that I have more money in my savings that I can use for a down payment on a rental property? Would like to he...
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Good morning everyone. I’m a 26 year old union electrician in north central Illinois. My fiancé is a 24 year old public school teacher. We both get pensions at 59 1/2. On top of that, I’ll be starting 2 Roth IRAs this...
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Where does everyone store the cash they keep on the sidelines while you're waiting to put it to work? This would be money that I wouldn't want to risk losing. What would be the highest return available that provided t...
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I'm just starting out in devoted real estate investing. I've owned my current rental property (condo) since 2006 and now I'm in the position to be able to pay it off in February or March. I've never refinanced, so I c...
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I'm considering purchasing a multi-family property in Norman, Oklahoma City, primarily because of the nearby colleges and universities that provide rental opportunities. Since I'm planning to do this from out of state...
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Hi all,My wife and I are contemplating our first real estate investment and are trying to decide if this deal is a good fit.About us: Late twenties, no children. Gross combined income around $105,000. Only debt is my ...
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Most people would agree that it's a good idea to invest in real estate because it is a tangible asset and you have control - compared to the stock market, where you have very little control. If you agree with that, h...
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I have owned a LLC partnership for 6 years in Maryland that owns rental properties and filed tax returns. If I convert it back to a sole owner pass-through LLC will it spark an audit?Also, can I set it up so that my ...
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Is there anyone else out there embarking on the journey of flipping a house for the first time?
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Investment Info:
Single-family residence private money loan investment in Fort Walton Beach.
Purchase price: $83,200
Sale price: $220,000
Not every deal is a slam hit, a home run. This was one of tho...