Kate B.
Sell or Cash out refi
I own a five-plex in Albany that I bought at a good price with cash two years. Other than a broken pipe and damage last winter and contractor issues, it's a good property. I expect the whole rehab to be done in Sept...
Justin Teal
Do you contribute to ROTH? Do you contribute past match for 401k?
I currently deposit 12% of my paycheck into my employer 401(k) and they put 50% up to a max of 6%. I also put $500 a month into a mutual fund (currently at 4k). When it reaches 5k I planned to put it in a ROTH, howeve...
Mel Nutter
Property Evaluation California
I inherited a house and have been successfully renting it out for 15 years.How can I evaluate the property to see if it is worth it?The house is getting older and I am thinking of cashing out and putting the money in ...
Chris F.
Are 401Ks a good investment vehicle?
http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/
Amazing what a difference the 2% fee average fund fee makes over a lifetime. More evidence that the only way to ensure financial security is to control your ...
Cody Brown
Why do I keep hearing 401(k)’s are garbage?
I currently work at your typical 8-5 office job. They offer 401(k)s with a match just like every other corporate job. Since being interested in REI, I’ve heard from multiple different sources that 401(k)s are not the ...
Andrew McIntyre
A newbie question about multifamily
Going to throw out an example purchase for my questions, bear with me :) Ok, so I want to buy a duplex and rent it out. I'm going to just throw a number out, lets say total price is 180k. So question number one. I wou...
Danial Cousino
REITs as a way to get started
I’m new to investing so I’ve spent a lot of time trying to learn how to have consistent growth to support my retirement one day in the distant future. I can’t afford to invest in actual Real Estate so I thought what a...
Scott McCloy
If you had $100k, how would you invest it in RE
If you had $100,000 cash, how would you invest it in Real Estate. Would you try to buy an apartment complex, SFH, buy and flip? I'm just curious to see some different strategies used if there was some capital involved.
Dale Osborn
Oxymorons
To get the brain thinking during the holiday season, here are some oxymorons from a book I read once probably by Robert Kiyosaki:
1. Job Security - no one is safe.
2. Saving Money - Savers are Losers.
3. Safe Inve...
Bill Baldwin
Six months mortgage reserves required?
Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...