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I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...
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Hi, I have a situation here and wanted to get you all feedback. My tenants have been delaying monthly fees for sometime now. In particular they were late in November and December for few days. Now, they have paid mont...
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Anyone have experience with the seller carrying, say, 10% or so? I'd put 10% down while they carried another 10% Maybe you know where I can find more info on this? My main issue with this is curiosity of a typical ban...
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So here's my story.I am a 43 year old systems engineer in Iowa, and am looking to get started with real estate.In addition, I have a 23 year old son who is willing to move anywhere and help out in whatever way he can....
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Hey BPers, When you're wholesaling a contract, is your base contract price protected by the title company, or can the individual you're selling to see the amount you've agreed to pay? I'd like to know more about how t...
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This thread is an exercise having to do with goals. It is intended for us to do three things, first to have fun, second to really put our minds to work and think, and third to actually discover what our goals are on a...
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Hey folks,
Would really appreciate some ideas from the forum CPA's, tax lawyers. My wife and myself are having full time jobs and work 50-70 hrs a week each that puts us in 35% pus federal tax brackets. I really like...
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Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...
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So this may be a long winded question, but I am in need of some life advice.I am an 20 year old real estate investor with one duplex. My W-2 is an electrician and I own a window cleaning company that I started about t...
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I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...