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I have begun reading the book missed fortune 101 by Douglas R Andrew, and have to say that it is a very intriguing way to look at mortgages tax deductions and retirement accounts. I have not finished yet but would li...
This is something I suspect many are seeing more and more. It is the case in my investing area, and I have people in other parts of the country reporting the same thing.
The banks are apparently switching gears and i...
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On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
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Just curious to see if any of you have contributed to an education IRA 529 plan for your child's future college expenses. I have heard that the 529 plans in Utah and Nevada area the best as you can select low fee Vang...
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The seller is threatening to take our earnest money deposit when we tried to cancel during the inspection period. Because we wrote the contract “as is”, they said our reason for canceling, the property is poor condit...
My 45th day is coming up. What happens if I can't close on any of the 3 identified properties ?With a hot real estate market and multiple offers on properties, can I change properties if I'm outbid on initial 3 proper...
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I am considering using private lenders to invest in already owned property to pay off what is owed on a credit line used as the down payment. The credit line has about ten months before interest is charged and thus al...
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I have seen countless threads about using LLCs to hold real estate. It seems like it is fairly typical for people to come on here and ask about whether or not they should use one. Several very seasoned investors on th...
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Hello Hivemind!I'm hoping someone can lend me a hand on this math problem...HYPOTHETICAL: I have a $100,000 401(k) account. I can take a loan for $50,000, with a payback period of 5 years and interest rate +1 point ab...
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Our financial advisors are pushing 529 plans for college. I personally didn’t go to college and successfully own and operate three small business. I’ve heard on the podcast some people will buy properties set them up ...