My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
I am looking at a property, tax valued at 25,800.
The owner is selling it for 38,000. Owner financing with a interest rate of
3.5%. 2,500 down payment
Me and my business partner have ran the num...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
I have a house now that is very behind on payments. I want to give the owner some money and fix it up than sell the house. I think the best way to go about doing this is to give her like $5k and get a contract with an...
First of all, I appreciate the men and women who choose to serve in the armed forces for our country. And I do not mean to offend them in any way, but instead try to gain insight in some questions that I have.
Why d...
You have probably observed that your best first investment is in yourself. Even if you have closed a few deals in the past, you must have a mentor who can help take you to the next level in your real estate invest...
Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't ...
Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
My apologies in advance for being verbose, but the details are necessary. I've been living in my home for 7+ years and I've seen the neighborhood change with some property owners renting out their homes instead of sel...
Full disclosure, this is not my current situation, but in the 10 year plan, and I'm actively taking steps toward it.So my wife and I have been basically setting aside much of our savings, and acquiring a couple single...