Hello,I am curious if anybody has experience using short note investing to raise funds for an investment property down payment. I just came across the idea, but don’t quite understand how it works or if it would be wo...
Can anyone direct me to any good (sourced) charts/graphs that show why buy&hold real estate is a much better investment in the long term than the stock market? Pulling together a presentation and wanted to show a...
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
Hi all! When you are putting your numbers together for a new STR property, how do you look at the cost of initial furnishings, linens, etc? Do you just look at this as an acquisition cost like you would a downpayment?...
I’d appreciate some feedback on taxes.
My mom owns two houses outright. She resides in one of the houses, and I rent the other which had belonged to my late grandmother. These houses are in Colorado....
I want to put in some New ALLURE flooring in this kitchen. My Question is... am i better off putting it on top of this Old 1"x 1" ceramic tile? Or should I tear the tile off, but most likely destroy the chip board s...
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
My wife and I have gone around and around on different approaches to get into real estate investing. So today she shows me the We Buy Ugly Houses franchise. It's 50k to get a franchise and what you get is 2weeks trai...
In the past few months I've read numerous real estate investing books. It all started with Rich Dad, Poor Dad. One concept that was discussed, in other books as well, was pay yourself first. I would be considered a hi...
Charles Kim owns two S Corps: Kim's Tae Kwon Do Inc. and Kim's Brokers Inc. in 2012, he W2ed himself $30k for both corporations. He has two 4th degree black belt instructors working for him and has a K1 of $70,000. He...