24 June 2018 | 4 replies
.- Maximize our 401k contributions each year, and assuming 8% return each year, our 401k portfolio will grow to 1.6 million.- Result = 3.1 million asset + 2500 monthly passive income• Plan B = Plan A + Home Equity Investment- Buy one Multi Family rental property in year 1 ($250,000), and pay off this rental property in 5 years.- With more Home Equity available, I can buy 3 more rental properties in year 6.- Pay off my existing Seattle rental property in year 10.- With house price appreciation, I can buy additional 3 more properties in year 10.- Total Income: Seattle property 2500 + CT rental properties 7*1100=7700 = 10200 - Result = 3.35 million Asset + 10,200 Monthly passive incomePlan C = Plan A + BRRRR:- Buy one Multi Family house a year using BRRRR Strategy. ($250,000)- Repeat this process 10 times in 10 years, then I could have 10 houses in 10 years.- The advantage of this strategy is that I can use my $250,000 LOC over and over.- The disadvantage of this strategy not able to find appropriate deal or not able to refinance.

22 June 2018 | 5 replies
Do you want to contribute to your 401k and your employees 401k.

21 April 2019 | 11 replies
@Matta Nguyen Can you get a "lump sum" contribution from the seller...discount purchase price?

29 June 2018 | 30 replies
Once my emergency fund is set and my retirement contributions are maxed out, I will happily co-invest in my Funds because that'll be the best place to put my extra money.$100k is a reasonable investment for a JV for those that do that.

7 November 2018 | 14 replies
Therefore, you can transfer other IRAs or qualified plans to the IRA and can also make an annual IRA contribution based on your earned income.

27 June 2018 | 6 replies
My recommendation would be to invest in some kind of index mutual fund and contribute maximum for the next few years, then you'll have a lot more investment options to consider.
28 June 2018 | 26 replies
Looking back at the last market crash there were several factors that contributed to it but the big ones included people were not being qualified for loans based on the reality of what they could realistically afford to pay back.

27 June 2018 | 0 replies
When setting up our Solo401k, I read I needed to keep all monies separate, My rollovers, My wife's Rollovers, My contributions, etc.So I currently have two accounts, My rollovers ($92,xxx) and my wife's rollovers ($2,7xxx).My question is, do I now need a third account for doing the actual purchases?

28 June 2018 | 6 replies
And if you ever need cash for a capex and you don’t have money sitting in your LLc account as reserve, you just contributed money to LLc as additional contribution.

18 July 2018 | 16 replies
Several Landlords Groups including Landlords Inc. and Landlords of Eastern Jackson County plus several concerned Landlords and Realtors as well as the Apartment Association have been working to get the details and mount a campaign against the ordinance.To view the ordinance Click HereTo view our set of Talking Points and FAQ’s Click HereWe need your help:Landlords Inc published an article in their newsletter as well as voter registration forms that you can access through this link here.Landlords Inc will be accepting contributions to help pay for the campaign to defeat the rental inspection initiative.If you live in KCMO: You must make sure that you are registered to vote by July 11th, 2018.