real estate industry: Thinking of Pulling Money Out of a Retirement Account? - 08/12/19 10:15 AM
 
Clients often ask about whether it makes sense to pull money out of a retirement account to purchase a home or pay for large expenses. Here’s the inside scoop:
Note: visit the IRS web site for info on any of these items and check with a CPA for details about how these general rules apply in your specific situation.
Conventional IRA
When you take money out of a conventional IRA, you’ll generally need to pay income taxes on the funds. For example, assume you want to withdraw $50,000 out of your conventional IRA and your income tax bracket is 22%. You would be … (1 comments)

real estate industry: Two Approaches to Consider When You Invest in Real Estate - 01/02/19 07:36 AM
 
1 – Buy and Flip This strategy involves buying a house with the intention of selling it for a short-term profit.  Typically, investors who take this approach look for homes that need improvements and renovations.  Here are three questions to ask yourself before you take the leap with this strategy:
How much will the investment cost you? This includes all the costs of renovations as well as the “carry costs” of paying the property taxes, home insurance, and maintenance on the property while you own it. What is a reasonable sales price? A real estate agent or appraiser should be … (2 comments)

real estate industry: 3 Trends that Could Impact Real Estate Investors - 11/05/18 06:10 AM
 
1 - Less new construction of homes at lower price points Home builders across the country are reporting that the high-costs of lumber, and the increasing costs of getting building permits approved, have lowered their profit margins and reduced their incentive to build starter houses at lower price points. This means that first-time homebuyers have less inventory to choose from when it comes to buying their first home. Less supply means higher prices, and this could be a good thing for real estate investors who jump into the market now.

  2 - Investors are less likely to rebuild after … (2 comments)