I want to reduce my taxable income as much as possible. (Selling stocks and want to avoid long-term capital gains.)Maxing out the 401k is $18,500, standard deduction is $24,000. My question is, what does the bank look...
This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
Hey community. I've been investing for a little while in rentals. I've done a couple methods (including the BRRR). I now have 4 cash flowing rentals and am loving investing, but I have a problem. I hit my DTI with the...
Hey guys. I'm new to the forum, but I've been on here for a while reading articles, tips, et cetera, and it's been a great help so far. I have a few questions of my own though and I'd much appreciate your thoughts.
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I am looking at purchasing a duplex for 100k. The seller is an older man and wants to do owner financing so that it will continue to give him income from the property and he will make a profit from it. However, the se...
Hello all,
I'm trying to decide on where I want to purchase my first investment property. I've been looking in both Rochester, NY and Buffalo, NY, but also looking at neighborhoods on the borders of these cities. I ...
Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...
Are there any meetups in the IE, OC, San Bernadino county area?About to close on my first Fourplex. Using FHA loan. The offer was accepted, but Getting a bit nervous. The numbers look right according to the Renal Pro...
Hello everyone! I would like some opinions or advice. Here is me and my wife's situation We bought our townhouse for a little over 60k and closed in September of 2016 (and this is our residence) our HOA is $125 a mont...
After a lot of researching, reading, and planning, I'm getting closer to purchasing my first property. The goal is to buy a cashflow rental condo unit. I settled on a condo unit for a few reasons: in my target town, a...