So I have been remodeling a 4plex currently financed FHA, we hope to refinance in January. Now the stumper....The owner of the 4plex across from me is selling and the building needs almost as much work as ours to bri...
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
I have a friend who wants us to buy rentals together. He will not do any of the search or management. He is only contributing cash to the deal. With that being said what is the best way to make everything equitable. S...
Seems like wholesaling is one of the most popular topics in real estate investing! Not sure that I would be interested in strictly following that path, but I am open to including it in my investment strategies. I am c...
Hi Guys,Not sure if I am posting this in the right place but here it goes...I currently have a full time job but I really want to get into Real Estate Investing. I am considering becoming a part-time RE agent first so...
I'm currently a full time software developer, but Ive got a huge interest in REI as a way for me to break out of the corporate world. For the past few months, ive been going to my local REIO group meetings and pester...
So my duplex was vacant for almost a year (could have been more aggressive with finding tenants) and I was let go from my job back in January so I was bleeding for a while. I got a good paying job and my property is n...
I am relatively new to real estate and am in the process of trying to save for a down payment. Right now I am stashing money away in a savings account earning 2% (not a lot, but better than most savings accounts). I a...
Has anyone here heard of or attend Nouveau Riche University? I talk to someone today about it and it sounded good but would like other opinions.
Thanks,
Scott
I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...