Strategy Questions:I work as an 1099 for my "real job". I have an LLC and it is taxed as an S-Corp. I have recently stopped contributing to my 401K to use the money to save for real estate. But....I've been thinkin...
At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
My wife and I are in the process of doing a cash-out refi on our primary residence in Utah. We owe about $129k and the house is valued around $290k. At 70% LTV I can borrow $73,500 at 3.125%, 30-year fixed interest ra...
I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
With a few money tips for 2024, you could take your savings to a new level this year. From investment fees to utilities, there are all kinds of everyday expenses that you might not have thought to slash!
Welcome ba...
I am 71 years old and retired. I am taking my social security benefits but I also have savings in a 401k, and a Roth IRA. I've been approached by a local real estate investor to become his "private lender" on fix and...
I have attended a few tax auctions locally. A BUNCH of properties. Terms of the auction are I believe 500 cash and write a check for the balance the day of the auction. Now I am not going to go pull loan money not...
Good evening guys! So I wanted to share my story, first I have learned everything from this forum and want to thank this unique community for being so great! So I have been investing for 2 years and have mostly done h...
Once you get settled into your rental property, I assume it's important to document everything and stay super organize. What's your approach to recording monthly income, expenses, etc.? Is Microsoft Excel too simple? ...
In 2017 I purchased a foreclosed 4-plex to do a BRRRR. We cashed out a state retirement account from a previous job, used cash and also partial 1031 money for the all cash purchase. In March of 2018, I got a loan on t...