I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...

Hi all, I'm looking to get into my first investment property and have ran the numbers on what I think is a great opportunity. I have 2 questions, see the details on the deal below:1. Does my math check out? Am I missi...

I bought a house in Austin, TX in July with full cash and spent about $60K renovating the property. I have a buyer for this property, and we are scheduled to close next month. My title company alerted me that the pape...

Hi, I want to run some numbers by you, and see if my purchase would make sense. I live in NYC so I`m trying to be creative with my approach. I will be managing this property on my own, and do fixes on my own. Here you...

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...

Some background before I post - I am a tax guy - started at Ernst & Young in 1993 and have been in the tax business since.  My full time day job is to argue with tax auditors.I have a situation that I'm curious ho...

FYI , Stay away from FLIP AND FAST LOANS LLC. On the initial phone call they will approve you for 100% closing cost & 100% rehab, tell you they need a fully refundable $2,000 commitment fee wired that day and it w...

Here's an article regarding the topic:

http://articles.moneycentral.msn.com/Investing/SuperModels/mad-world-chinas-bind-is-ours-too.aspx


I've been very interested i...

I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...

Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...