A friend of mine has 100k but doesn't know what to do with it. I mentioned becoming using it in real estate but she doesn't have the time to do so as a single mother. How can she become a private lender?
I have had a rolled over IRA invested in mutual funds for the last 10 years and am interested in diversifying my portfolio with real estate. There is roughly $60k in the account. Is this possible without penalty?
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
Last year I considered gifts, but didn't do it. Yesterday I did, and it was a lot of fun. I took my 18 YO daughter and 4 and 5 YO sons to Costco, then to 14 tenant homes across 3 counties delivering cookies. Hones...
My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
Any ideas in dealing with relatives who mock your plans to invest in real estate?
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
Great advice that might have temporarily killed my plansHello Everyone,So yesterday I got some really great, honest and brutal advice about real estate investment that might force me to put my plans on hold for a whil...
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...