Susanna Carbaugh
Illegal in the State of Colorado?
Hi all, I'm learning and have not done any deals yet; however, I was chatting with a friend who says that what I'm being taught is illegal in the State of Colorado.Here's one of the approaches, maybe someone can help/...
Desta Sillerud
Self directed IRA and solo 401k recommendations
Hi! Does anyone have recommendations of who in the area can help with self directed IRA and solo 401k's. Looking to possibly transfer from my traditional 401k after leaving my W2 job. I've spoke with my accountant and...
Laura Williams
psycho contractor pours concrete down drains because he was fired
I had a rental house in Kansas City come vacant in January and hired a handyman ..in process of trying to become a contractor (he had recently formed an LLC company)... to replace some tiles and paint...simple job and...
Account Closed
How to make sure you get payed with bird dogging
Hi everyone, I have a question for all of you today regarding bird dogging. So since I may be nearing a close on some deal, how would I make sure that I actually get payed? Is there anything I should do like a contrac...
Jay Garrison
tenant refuses prorated rent, hasn't changed utilities - chicago
Hi,
I have a tenant that moved in on August 16th; before she moved in I sent her a text telling her I would prorate the rent in September and that she had to pay a security deposit + one full month's rent to move in....
Richard Phan
Out of State Investing Advice for a newbie
Hi everyone,I live in LA and have started looking at OOS investing seriously and some of these homes I see in the midwest for example go for 80-100k turnkey ready. That's not even enough for a downpayment for a shack ...
Patricia Velez
Stuck!
My husband and I are hungry to jump in the world of REI. We've been learning via books, seminars, REI classs, etc.
We have between the both of us, student loans totaling $120K, and no extra income.
...
Ernesto Hernandez
Saving You Time #2: Dave Ramsey’s Total Money Makeover Cliffnotes
Again, not super cleaned up. Copied and Pasted off of my notes on my iPad. Enjoy!Dave Ramsey Money Makeover Chapter 1: Total Money ChallengeChapter 2 DenialFrog in Warming Water example - If a frog jumps into a BOILIN...
Mary Jay
How do rich pay zero taxes legally?
Hi guys,So I hear often (Robert Kiyosaki, Trump, other rich etc) pay zero taxes legally.Lets say Kiyosaki's business "Rich Dad, poor dad, educational LLC" made 100K.The same LLC went and bought a rental house for 100K...
Troy Schwamberger
Debt to rental income ratio?
Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...