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Results (10,000+)
David Chwaszczewski Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
Because the 401(k) is an employer plan instead of an Individual Retirement Arrangement, many of the plan-side features are more powerful, such as higher contribution limits, the availability of participant loans, etc.Structurally, you can achieve full checkbook control over either an IRA or a Solo 401(k).  
Munjal Adhvaryu Hello from Canada (BC)
21 May 2024 | 21 replies
Getting pre-qualified up front is so key especially for international clients so they have a clear picture of their purchasing power and there are no hiccups when it comes to closing.
John Hickey Hard money horror stories. Let’s hear them
20 May 2024 | 6 replies
To kill power for non payment they would need to access basemt.
Kristine Ann "Detective Work" on a Foreclosed Property (Calling the Utility Companies)
21 May 2024 | 12 replies
also in the future this is what I do to see if I think a property is occuppied.1. drive by  2. knock on door.3. try to look in mail box if there is bunchs of mail thats an indicator.4. look at power meter if its running or not.5.
Trenton Custard Cash for 1 home or buy 4 homes with 20% down on each for 139000
19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.
Brandon E Chatrooms for Real estate investors
19 May 2024 | 39 replies
There are users out there (me being among them) who do not shut down the browser and do power down computer; they would seem to always be online as long as the site is up and running, and the network stays in connected state between user and BP.
Maxwell Emerson How would you capitalize on appreciation?
17 May 2024 | 7 replies
If your goal is financial freedom, you'll need a rental income that can replace your current income and must increase fast enough to outpace inflation.Inflation increases the cost of goods and services over time, effectively reducing the value of your money.
Tanner Webb Making the jump to a second property
19 May 2024 | 9 replies
We have a decent amount of savings, at least enough for a down payment and closing costs on our next home, but the buying power just seems so limited in our area. 
Antoine Griffin Best Areas to look for Flips, Rentals, and Wholesales in SWFL?
18 May 2024 | 9 replies
In order to get power ran back to our house, we had to get a structural report/sign off from an engineer.
Ugo O. Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
Getting financing in the U.S. as a foreign national has come quite streamlined, but I'd recommend understanding your purchasing power up front and getting full transparency on all costs you can expect.