
31 December 2015 | 2 replies
Also is REI a good choice at a young age if I'd miss out on the compounding of the stock market?

31 December 2015 | 9 replies
First investment at age 19 paid me $80 every month through college.

4 January 2016 | 2 replies
At that age, even if they are spruced up, you'll want $75-125/month a unit in a separate repair budget.

1 January 2016 | 12 replies
At the spry young age of 22 I bought my triplex in Ohio in 2005 for $69k and no money down as an investment to pay for college.

2 January 2016 | 7 replies
Regarding PITI funds, I would probably want more than 6 months earmarked depending on the condition and age of the property.

4 January 2016 | 5 replies
We managed to pay off the loan by 2005.We bought our second rental in 2005, after taking out another equity loan on our primary, and again - - paid our "normal" mortgage payment, applied the rental from rental house number one towards the equity loan, made the normal equity loan payment and applied the monthly rent from rental number two towards the equity loan.In 2006, we bought yet another rental - using an equity loan on rental property two.That loan we threw the monthly rental money of the unit at.In 2008, we had paid off the note on rental number two and began throwing more money at the loan for rental three.In 2009, we bought rental number four and paid off the loan on rental number three later that year.In August of 2011, I retired from my job as a computer network engineer/database administrator at the age of 59 1/2, and began to withdraw money from my IRA & 401, using the losses on the rentals to offset the taxes on the IRA & 401 distributions.I had to use trial and error to guess how much to withdraw & be on the safe side as far as taxes go. $40K per year is roughly the "sweet spot" for that if you have 4 rental properties in the state of Ohio.

1 January 2016 | 2 replies
Im young myself but I hope people my age don't get the idea that it's okay to blow all your money at the club and not be able to pay rent.

6 January 2016 | 17 replies
The would give you an idea on the condition and age of the Boiler System for the baseboard heat.

14 January 2016 | 14 replies
In this day and age, most people prefer it.
6 September 2020 | 12 replies
Who will insure will depend on location and age of the building.Premium policy holders get placed into groups but they only accept nicer areas and newer properties.