I have a property in Fort Collins, CO that is cashing flowing but my tax guy and my mortgage guy are telling me to sell. I would qualify for the primary residence tax break because we lived in the home 2 of the last 5...
My Failed (almost 0$ down) BRRRR that netted me $26,663.00 tax-free and $37,000.00 of equity. Investor Profit: $14,175.00Background: If you’re new investor, here are some strategies with reflections so you can choose ...
One of the ideas perpetuated by many of the Real Estate Investment "gurus" is that once you buy a rental property, you continue to hold on to it. This may be the right approach at times. After all, your fixed interest...
Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
I've had (2) rentals in Northern Virgnia for years and have been looking to add. Anyways, I just bought my first townhome in Metro Atlanta (Acworth). I paid $7,500 over asking price. NET of *all* expenses, manage...
Thinking on withdraw most of my 401K account (no longer employed with that company) and invest in RE property. I have over 100K, also have lost over 10K in the past 13 months. Just want to have more control of my mo...
I've been a fan of Dave Ramsey for quite some time. I've lived my life pretty much debt free even before I heard about him, and was looking for some input on getting started. Here's where I'm at: sold my primary re...
I am currently following Dave Ramsey’s plan on finance. If you don’t know it is summed up with 7 baby steps. I’m on step 6 which is pay off your home early.
I currently have a 15 year loan at 3.3% with 11 left if I ...
Just moved to Boca Raton, and would like to find an asset protection attorney. Planning on buying multi-family real estate and like to have the proper business structure created, that has the maximum protection from ...
I have read many posts/links, title always says "how to" but the info is vague. I have not found a single post/link that actually teaches "how to". In other words, the posters are saying so much but teaching very little.