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Hello,Here is my idea, is it a good one?My wife is starting a new job and we are discussing options in regards to what to do with her current 401k that is worth $16,000.Our plan is to use whats left after income tax a...
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Good day,Wanted to reach out and get some feedback on a particular topic of cash flow. Since the tax season is coming to a close I had a question on how to shield or protect your annual cash flow from being considere...
My husband and I live in Austin and we purchased our first rental property in 2014. Since then, we have purchased 3 more rental properties. We 'didn't know what we didn't know' when we purchased our first property, ...
Hi All:Newbie to the industry with the goal of transitioning out of my current career and into the full time investor world. That said, i know Im 2-3 years out from achieving that objective should i execute the right...
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I'd like to get some feedback on my approach to the REI game...
Right now I'm looking at getting into a few single family units because of great pricing and later look to sell those (or keep if there's enough cash fl...
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I live close to a college town and I was doing some research on some potential investments. I came across a 2/1 apartment for $220,000 and rents for $2500 a month. I know this does not follow the 2 percent rule, but t...
Hi, I live in Iowa and I was wondering what is the best place to invest in or is Iowa a great place to start? I’m new to investing in real estate and I really don’t want to move far. Even though the best place I seen ...
Current income is: $1675 per month/$20,100 per year.Tenants pay between $325 and $500 per month. Two losest payers have been there 5 and 13 years. Once stabilized they should pull $700 each.Last year's expenses were: ...
I'm a relative newbie investor looking at purchasing a SFH but wanted to evaluate my current situation before I decide. I've also been reading quite a bit about the 50% and 2% rules and wanted to validate my understa...
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I am aware the laws vary in each state. However as I was at my local courts this morning filing paperwork to have a non paying tenant of mine evicted, I over hear this conversation with a young lady and the clerk. Thi...