Account Closed
Savings vs paying off debt
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
Ron Olivera
Just another newbie flipper
Hello BP, I’m new to REI but have been in residential construction for 30+ years. I’ve recently came into a few bucks and I want to take that and start flipping. I’m also in a situation where I can (and want to) move ...
Luis Moreno
Buying investment property out of state for my first rental. Is this a good idea or a bad one?
Hi I live in San Diego and all the real estate over here is very expensive. I read that you have to start small so I was looking into buying a property out of state around 20K-30K cash then taking a small loan for the...
Jim K.
Tiffany! Le Parte Deux
So, here's the current situation with the duplex I bought last Christmas. It's been a wild ride. I don't remember all of the name changes, so let me start over.
Initially Bob lived upstairs alone, as his wife had mov...
Jon S.
Formula? Is equity high enough to justify selling? Sell / Hold?
When comparing sell or hold options, what formulas are most helpful? What is the ratio that drives you to decide one way or the other? I have a bit of equity on a property with very low debt, and it looks like prices ...
Chris Billington
Price vs Rent in North Carolina and Where do we buy??!!!
My wife and I live in Colorado. We invest in rentals in Denver,Colorado and KC,MO currently. We're interested in learning about the North Carolina (Durham, Charlotte, Raleigh) market. Right now we can buy in Kansas Ci...
N/A N/A
$500k cash, need $4k month cash flow... how to invest?
Hey Guys, long time lurker, first time poster. :D
I think the title says it all, but I'll try to explain the situation further here...
I have a $500k settlement check coming to me this week. I need to figure out a w...
Anita Gee
What happens when a seller backs out of a signed contract ?
I had a house under contract as of Feb, 28th. Mind you this is my first wholesale deal. The seller said he had to move to California. I found a buyer Last week and we signed assignment contract today. To good t...
Ace A.
Rental Properties in a RothIRA?
Has anyone tried to put a rental property in a RothIRA?
For a RothIRA, my understanding is that your could put cash, stocks, mutual funds, bonds, real estate, as well as others assets.
With a RothIRA, you pay taxes o...
Mindy Jensen
How Often Do You Walk Through Your Rentals?
Twice this morning I have read posts where people have asked this question.How often do you go through your rentals? I have a friend who rents to college kids, and he "offers" to change the furnace filter every month ...