I am looking to retire in the next few years and my plan is to invest in rental property that generates a cash flow of $150k/year to live on. I currently have about $1,150,000 in savings and another $350k in equity on...
Which one is more effective. ..lowering your costs of living a decent life or generating more income? I have the costs of renting a separate room and having good food and better transport to work which is are a bit hi...
Here's a question I can't seem to answer myself as I'm deciding how I want to go about things. For example a unit payed off could CF at 1000 per month which would be worth 5 units CF at 200 per month BUT if you pay th...
I was running numbers on local properties in Denver (yes, the market is pretty hot, especially on loopnet) and there was a duplex in the 500k range. The numbers were roughly $2,500 for rents. Even if you put 20% dow...
Hello, Real estate investor noobie here. I have been eying this property and wanted to run the numbers by you to see if this is a good deal.Things to note:Address: XXX NE Weather Vane St, Lees Summit, MO 64063Class A ...
Hello! I live in a suburb of Indy with my wife and 3 teenage kids. We just jumped in the game in April when we bought our first STR in Sevierville, TN. Went big (5BR) and spent more than we wanted but so far so good (...
Myself and 2 partners own an investment property in Colorado. We would like to a) transfer the deed to an LLC and b) refinance, preferably under the LLC’s name.Currently this is rented as three units to three tenants....
Hello all, I'm looking at getting into the multifamily market this year. Is a cashflow of 4-5k month realistic/possible on a ~2 Million dollar mulitfamily (hand's off) property? I know there are MANY factors involve...
Saw on another blog references to " some real estate transactions can trigger the need for a 401k to file a tax return and pat taxes".Looking to use my solo401k to invest in real estate but want to avoid making a mist...
I own & manage a Rental Office Building & have a LLC to manage all related affairs.Can my LLC open a Individual 401k for retirement savings ??Thanks