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Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
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Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
The house was listed on mls for 139k went to auction and i won auction at 131k but auction house charges 5% (6.5k) but didnt meet the reserve price. So they reached out at said the will consider and review my offer an...
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Hi everyone,
I'm an Air National Guardsmen with 11 years in, two deployments, a ton of TDY's, currently serving in Montana as a recruiter with a Structures AFSC. That being said my main focus for retirement is in re...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rice Lake.
Purchase price: $70,000
Cash invested: $14,000
two story duplex needing update in lower unit and full renovatio...
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I recently bid on a property through xome.com and was outbid. I have since moved on and now they are coming back saying that the property is available to me because the highest bidder has backed out. I have a strong s...
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I have a question on behalf of a friend who isn't a member here. He is a small business owner, so he has money socked away in what he told me was called a "Simple Retirement Plan". I don't know much about those th...
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Hey BP,One of the things i came across while reading Brandon Turners- the book on rental property investing- says “analyze 60 houses a month, make offers on 6, have 1 agreed upon”. Not sure how this process works. If ...
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Hello everyone, hope this is the right ace to ask. I recently changed jobs and have a nice pool of cash in my old 401k that I am going to transfer to a self directed IRA. My new job's 401k I will likely keep traditi...
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In need of some help everyone, Here's the situation I have. I'm trying to get conventional financing for a SFR. The loan officer says everything checks out and is ready to write me the approval except my DTI is artifi...