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I own a Triplex free and clear thats bringing me 20% net.....it's worth about 250k....I purchased it for 160k....I'm thinking about taking out a HELOC, and purchasing a building for about 1.3 million. a 30-35 unit bui...
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HelloI live in Bay Area and want to open up an LLC in Missouri with a few partners. My question becomes do the profits from real estate investments go into the LLC account first then get distributed after? Also, would...
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Hi everyone, I just wanted to share a recent small victory for me. I’ve been strapped down for 3 years paying $500 a month on my 2011 Toyota Tundra and I finally have it completely paid off! It felt great sending in t...
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Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estima...
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I have a non-real estate related questions. Looking into a 401(k) and was just curious as to WHEN mutual fund managers get paid? Do they charge you every year or do you just pay one lump sum at the end when you withdr...
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Hello all,As you guys can see by my status, I am a beginner investor and would like to hear from my experienced investors here on this forum, what would be the best move to make in this situation?My parents have finis...
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Hi,I accepted a tenant at the beginning of December. Here security deposit and most of the first month's rent are supposed to be paid by NJ Victims of Crimes.Fast forward now:- she did not pay her rent of January. Kee...
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Moving is hard. But could relocating to a low-cost-of-living area help you lead a more fulfilling life and achieve financial freedom? As today’s guest came to find out, the benefits of living in an affordable area oft...