Marcus Robert
Self Directed IRA or Other regarding 401k
5 December 2024 | 4 replies
2.) looking for advice on how to deploy 600+ thousand dollars into real estate and start receiving the cash flow from it without having to pull the 401(k) out and swallow the tax ramifications.I currently own 13 units and receive healthy cash flow from all of them, but I am looking to increase my cash flow so I can ease into the next phase of my life which includes work of a different kind but not doesn’t having a 9 to 5 job.Thanks in advance!
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
We don't know you, we have no idea how you act under pressure, how much hair a sec8 tenant will have you pulling out or how thick you skin is.
Cole Farrell
Starting with a SFR is a mistake - prove me wrong
5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
David Rodriguez
Medium-Term Rental Vs. Long Term Rental for a 2 bed/2 bath single family home.
10 December 2024 | 16 replies
@David Rodriguez MTR is about location for health travelers and you also have a healthy population of snowbirds in Phoenix.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
People with no skin in the game are telling you it is not hte blue mans fault even based on what you told them.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
I also want high skin in the game, conservative leverage and reasonable fees.Open-door isn't a match for me (and an easy "no") because they don't have that type of experience.
Nicholas Crutchfield
Trying to set up to do real estate in the future, what should i focus on?
2 December 2024 | 1 reply
Alternatively i could go for being a real estate broker and try to get experience in actual real estate without putting too much of my own skin in the game.
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
How come you don't see the excitement you could have, of asking yourself all those questions at your desktop, if only you had some skin in the game?
Sam Lewis
Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
This is why you need to do a ton of due diligence on them and make sure they have skin and the game and something to lose.