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!
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
However, for the purpose of a healthy and helpful discussion, I invite you to the the do the following exercise to get the facts first:1.
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.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
That's good for my credit profile and supports a healthy score.
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.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
Since this is a long-term investment, it’s still important to prioritize areas with strong population growth and a healthy job market—both are great indicators of long-term potential.
Gina Ventimiglia
$5 MILLION LISTING on the Space Coast....
27 November 2024 | 1 reply
If your fee is $150k I would expect a very healthy budget to be spent to marketing and advertising this property all over the place.
Roger Mace
Should you refinance a DSCR?
27 November 2024 | 11 replies
Analyzing the impact on your overall financial health is critical.
Priya Jain
Hello BiggerPockets! New PRO here
23 November 2024 | 11 replies
I'm particularly passionate about BRRR, Mid term rentals, Money lending.Outside of real estate, I enjoy nature, travel, healthy cooking.Excited to learn and connect with you all!
Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
These require a minimum of $300-$335k cash to cover the downpayment, closing costs, and having a healthy budget for professional design/amenities.Tier 2 range in price but most fall between $530k-$650k.