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All Forum Posts by: Rudy Hernandez

Rudy Hernandez has started 15 posts and replied 63 times.

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Thanks Andrew Campbell Travis Dawson Jeanette Adler

Post: San Antonio, TX - Appropriate type of insurance for rental house

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Cory Jacobi I have a broker i use now. Previously I would call around but my guy saved me money on personal and investment homes. Some I paid about $100 More because I was provided water damage coverage but now I am. Let me know if you are interested in his contact info.

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Thanks for the input Tim Lindstrom

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Joseph Doyle I did the same at first to get my first Re. Once I got it I put more money back into retirement then did a cashout refi to recycle the first money I saved up to buy another property. And the story goes on to purchase the next.

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Good point Andrew Johnson love the contributions. I was doing both and was stuck on whether I should just do RE. Like you I like diversification

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Thanks Cary Ogello Kevin Inscoe

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Kevin Allen thanks for the reply.

Post: Do you invest in IRA and/or 401k any more?

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Hi BP members Hope all is well. I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax savings upon retirement. What are your thoughts? Do you still invest in IRAs or 401ks having found real estate? Look forward to your feedback.

Post: Real Estate Networking

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Does this meeting occur often?

Post: Buying property in Texas from out of State

Rudy HernandezPosted
  • Investor
  • Texas
  • Posts 67
  • Votes 22
Cody L. I agree with Cody on placing a policy instead of an LLC. As a matter of fact, if you go with an LLC a lot of banks will consider your loan a commercial one which hikes up prices and rates. I am actually in the process of learning about which policy would be best and most cost effective to cover me. It is something new so it's a learning process but I believe is the best approach.