Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
Property valued at $265,000 with $150,00 still owed on it. I put $15,000 into it an...
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
I'm about to purchase my first Buy and Hold SFR, Most the properties rental around 1% out of the asking price and tax about 2% from the asking price. So I started from there, then I went a little deeper and using Bigg...
hi, I live in a townhouse style condo and have both an HOA and a Condo board. The HOA has send me about 3 or 4 threatening letters over the last 6 months for various things. One more recent issue was they had a lawyer...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
My Father and Both grand parents were realtors and Landlords. I grew up immersed in real estate, dinner talk was easements, right of ways, surveys, evictions, Etc. Etc. For many years I avoided real estate. I h...
Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
Hi All, I wanted to get opinions on a partnership opportunity. Being relatively new to the REI world I took some advice given here and started talking to people about REI. My neighbor turned out to be a great source...
Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...