We have six rentals. Both of us are W-2 employees within 10 years of retirement at 67. One employer matches 401K contributions for first 6% at 50% match. The other employer offers No Match at all. We had each been...
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Lets say I bought a bought my rental property 10+ years ago for $300K and it's now worth $1Mil plus. I have a mortgage of $400k+ and want to sell it for what's it's worth now. How can I save on capital gains taxes and...
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Looking for advice on whether to pay off the mortgages on our rentals over the next 5 years or to pay off our primary home mortgage. Not sure if there are advantages to either option considering the new tax laws. The ...
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Discussing an event, where my rental property would be paid off and I would be receiving rent payments.If I was to refinance my home and make the rent payments to the mortgage, would i be better off financially?
I co...
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Has anyone used private banker services? Chase, Wells Fargo, Goldman Sachs, etc? Do you recommend them? Any pros and cons? Here's something to throw out there we too have several rentals. Our banker suggested we use t...
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I'm over 59.5 and about 5 years away from retirement. I may work longer, not sure. I currently own a rental condo that still has about 85K on the mortgage wth an $800 mortgage payment. Current value on the condo is ab...
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A Paradigm Shift and 5 Reasons to Love Passive Investing
When it all Changed
If you asked a 30-year old me what my plan was I’m pretty sure I would have responded that I wanted to “move up the chain” at work, ma...
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I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...
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Which one do you guys prefer? Rental or Flipping? or both? I am new to REI and im just trying to get a sense of the two.
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we are planning on investing in real estate in a self directed ira. I have read that the cost of servicing thr account can be high. I was hoping that someone who is already doing this, and has done the research, could...