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6 January 2025 | 8 replies
I'd also suggest self-managing your first property to maximize cash flow and learn by doing for any future investments.
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26 February 2025 | 7 replies
So, if you like the idea of the tax-free bucket, you can wait until 59.5 to take "normal" withdrawals, but here are a few creative ways to use the tax-free money early without penalty:You can do MBDR in your company's 401k plan and leave after age 55 and no longer worry about the 10% penalty (Rule of 55)Utilize 72T - Pay yourself the same amount every month until you are at least 59.5Move the money to a self-directed IRA (SDIRA), where you can use the Roth IRA to purchase RE10k of earnings can be pulled tax-free for first home purchaseThe principal can always be withdrawn tax-freeNot really anything anyone plans for, but there are some exceptions for medical expenses as well that can be a nice plan Z if you blow through other emergency fundsI do this in my company's solo 401k because it gives me the most control over the funds, but it can easily be done in a company 401k if their plan rules support it.
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25 January 2025 | 2 replies
Quote from @Jimmy Rojas: Through loopholes there are many home owners that are illegal immigrants, if they get deported , what will happen to their homes?
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26 February 2025 | 24 replies
However, their lease is up in two months, so I would only focus on non-renewal for now.In my book, I explain methods for removing tenants without evicting them through court.
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25 January 2025 | 155 replies
He walks us through every step of the way.
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27 January 2025 | 29 replies
Instead of learning through trial and error, you learn from someone else’s mistakes.
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27 January 2025 | 6 replies
The particulars of a project, whether fix & flip (cash now), fix & hold (cash flow), rehab & reboot (cash out), is only one of many ways lenders decide whether to invest or not.
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25 January 2025 | 2 replies
The investor has to be gaining cash flow or equity to make it worth it.
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19 January 2025 | 9 replies
Those remote flips and high cash flow rentals are so tempting on paper, but they rarely go well in reality.
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22 January 2025 | 9 replies
To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.