Account Closed
Having a Real Estate License: Does that make you an Agent?
I was wondering about something for a little while now. When you get your salesperson license you will then have access to the MLS, and you need to find a broker to "sponsor" you. So, does this technically make you an...
Vidal Preciado
Live in a rental to buy out of state?
I live in San Diego, CA and want to buy my first rental property but I don't have a primary residence yet. Does renting an apartment so I I can use my savings out of state sound like a good idea? Or would you dig for ...
William Coet
Real Estate or Stocks. Same ROI, Which is Better For Taxes?
If a RE investment and Stock investment return the same amount of ROI over a 15 year period and then sold which is the better investment? Assuming a 1031 is not used (they may not exist in 15 years), do certain struc...
Tucker Cummings
Refinance vs. Holding & HELOC
I've just purchased my first property in cash, with the goal of doing a BRRRR strategy. However, I haven't borrowed any money for the property, so I'm not obligated to pay anyone back (other than myself), and I'm wond...
Henri Meli
My first commercial building analysis
I need some help evaluating a commercial deal I have in mind. This is the first commercial property I’m interested in. This property is a 17,300 sqrt class B commercial building located in Wake County, NC. The tax va...
Patrick Philip
What's the first step to building something?
At some point, I know I want to have something built. Most likely a hotel, but could be SFH's, or maybe all of the above.Is the first step to go to an architect? Will they help me design the building as well? What are...
Daniel Lipetzky
Input on first deal! Subject to -> 'rent to own'
So we are meeting with a potential seller on Tuesday for a house which we're hoping to get under contract subject to the mortgage. Just looking for some input on our evaluation of it to make sure we aren't missing so...
Steve S.
Putting too much down?
My goal is to buy 10 cash flowing rental properties as quickly and safely as possible. So far I have 4 and I keep 6 months of mortgage payments on hand and have a decent security net in place for maintenance etc. I k...
Bill B.
OK.....now what???
I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
Account Closed
Where Should I Move... Scenario - Help me plan my future
Here is your scenario – Your financial standing is as follows:
$80,000 in cash savings$70,000 household salary (will be $100k+ in 3-5yrs)$20,000 debt (school, cc and medical)$0 assets You are married with no ...