I am 64 years old, working and am saving 401K offered my my employer. I'm planning to retire in one year but instead of depending on my 401K as my sole retirement fund, I wanted to buy a rental property to supplement ...
How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...
Greetings!
I am an accidental landlord hoping to become a real estate investor. I have several properties which I inherited. I have been actively reading and learning about rental properties.
I would like to hear op...
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
Here's the breakdown...
Purchased my 2nd property for $645K in an area of Northridge here in Los Angeles.
Comps in the area are anywhere between $850k-2M.
Beat out 15 other offers.
Place needs a LOT of work but I can ...
Has anyone used HSA's and if so, have you self-directed it and invested in RE? I have just recently come across this type of account and find it to be very beneficial to RE investors. It is similar to an IRA (which ca...
Just looking into Cozy. it seems to be a interesting concept and may be useful with he right clientele how ever I have a couple questions I couldn't find answers to on their site.If you have a tenet who is late on ren...
I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...