About six months ago I posted about my situation and got some good advice. Now that I’m ready to actually do something about it, I’d like to run it by everyone again with a little more detail.My goal is to buy a new ...
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Hey all-
I am 19 years old and looking to pick up 1-2 rental properties in 2014. I have owned a landscaping company for the past 3.5 years, and have grown it to net around 40k for 2013. However, I was unabl...
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My partner and I have been considering purchasing a duplex as an investment for our first home. We moved back to Minneapolis last year after living in Los Angeles for 2 years. We have been renting for the past year at...
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Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
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My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...
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I have a Single-family and a Fourplex that are rented out. Between the two I'm positive, but not by a huge margin. How do most of you gather more properties without having a huge cashflow? Maybe start a business?
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I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...
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After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
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This property is valued at $46MM, according to the tax assessor.
Can someone tell me, based on these numbers, what is the MAX that should be paid for this property?
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Coming across this website and the Financial Independence subreddit, I've gotten an itch to increase my rental real estate portfolio to start generating residual income. My wife and I sat down together to look at our...