Jon Schoeller
Solo Roth 401k / Unique Situation
I will try to be as brief as possible about my situation but I do believe it is rather unique. What I want to do: I want to set up a Solo Roch 401k this year and have checkbook power of the account for investing in re...
Matthew Thomas
Getting started with $30k and no credit history
Hello, I'm new here but I guess the title says it all. I am 19 years old and I have about $30,000 to invest in real estate. I have no credit history and I'm wondering where to begin. Real estate in my area is fairly r...
N/A N/A
Accelerated Depreciation? Anyone?
Hello all, my name is Andrew Bitler. I am a small real estate investor with big problems. I recently joined a bunch of forums because there is an important issue I need to investigate. I am utterly confused about a ce...
Peter Brooke
Considering offer on a MultiFamily (3)
Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...
Alissa Rodman
Credit score affected by Selling primary house in Austin area.
Hi,I am in process of putting my primary residence on the market for sale. I bought it 3/2018 as owner-occupied property as my first investment property. It will not cashflow any time soon so I'm thinking I should ju...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Chris Jerome
Starting out in Chicagoland
I'm wondering what direction I should take when I get started after re-locating to Chicago.
I will have something in the region of $750k to play with, and I am looking to use it to provide me with an income...
Scott Trench
Better to Have $25K in Cash and No Debt OR.....
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Account Closed
Discouraged. Direct mail isn't working.
But I know I need to keep going. I spent several hundred dollars and sent hundreds of post cards with no calls back. I'm focusing right now on note buying to build up some cash. Then my focus will shift to wholesali...
David Stratton
Evicted Tenant and awarded a judgement in Cobb County Georgia their uncashed rent check was returned back to me.Can I cash it?
After I evicted the tenant she agreed to a settlement which awarded me a judgement which stated she would pay $250 a month until the balance was paid. She has not paid me (which I figured would be the case ), when I...