Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Adam Aschoff

Adam Aschoff has started 8 posts and replied 35 times.

Post: Should I take out 401k to use in real estate?

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Moises R Cosme

I do see your point though I still think the points you outlined come with experience. As many people I listen to I or watch say the first step is the hardest part. In being someone looking to take the first step these items I think will more so come with learning the ropes. Thank you for your insight.

Post: CPA South Shore Ma, Plymouth, Cape Cod

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Henry Centola @Linda Minaya

I am looking at getting involved in real estate investing in south shore to cape as well. Have you had a lot of success down here the past couple of years?

Post: CPA South Shore Ma, Plymouth, Cape Cod

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Mike Fitzgibbons

Hi Mike do you have the contact of a CPA you recommend still?

Post: Should I take out 401k to use in real estate?

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Joe M.

Why do you say bad idea?

Post: Should I take out 401k to use in real estate?

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with the real estate market potentially correcting in the next 6-12 months my gut tells me this may be a good idea.

Post: Dual Agency for Real Estate Investors

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@David M.

Thanks David. Especially at first this would not be the way to go but once you know the rules of the game could be another tool for the toolbox.

Post: CPA and Real Estate Financial Advisor near Plymouth MA

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

In just starting out in real estate, what are the most essential professionals to getting started to add to your team? CPAs? Real estate attorney? Advisor? Let me know!

Post: Turning Primary Residence into Rental

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Ronald Rohde

Not a bad idea. I think the market is certainly going to be turning for the worst in the next 6 - 12 months or so so that may be my best course of action.

Post: Dual Agency for Real Estate Investors

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Jonathan Greene

Yeah John makes complete sense. I was thinking of it from the standpoint of the real estate agent wanting the full 6% commission and working slightly in your favor to gain the additional income. I definitely understand your viewpoint thanks for the insight!

Post: Dual Agency for Real Estate Investors

Adam AschoffPosted
  • Rental Property Investor
  • Plymouth MA
  • Posts 41
  • Votes 12

@Steve Morris

Thanks for the feedback. I’ve seen a real estate investor who uses this tactic and knew there had to be more to the story. I do understand what dual agency is just wanted to get some more seasoned real estate professionals opinion. Thanks!