
22 January 2020 | 3 replies
I'm wondering how best to approach the otherheirs about possibly acquiring their properties or offer them someother means of assistance and make sure the properties are protectedand hopefully create a win for everyone.

16 January 2020 | 2 replies
I've been a member for a while to learn and read about others while starting acquiring funds for investments.

16 January 2020 | 1 reply
As I am drafting my budget for my first MF Apartment acquisition, I want to make sure I am not over-leveraged.Strategy will be to acquire a MF apartment building (20+ doors), Class C, with modest investment needed to stabilize the building, make repairs, value adds.

17 January 2020 | 3 replies
My goal is to acquire more units, buy and hold, and network with good hearted people with positive intentions.

12 July 2021 | 9 replies
Try substituting free & clear property as the collateral...an excellent way to raise hundreds of thousands of dollars in tax-free cash to shore up reserves, add improvements, and/or (of course) acquire more well-located income producing real estate.

7 February 2020 | 13 replies
As long as you possess the knowledge to self manage and/or are able to acquire the skills managing your own properties is great.

21 January 2020 | 31 replies
A credit check matters... have they acquired more debt in a collections state?

17 January 2020 | 3 replies
Hi, I'm a beginner investor in Wisconsin. When you buy a new property that has tenants currently living in it, how do you remove them legally? Specifically I am looking at buying a duplex and moving into half with an ...

21 January 2020 | 7 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.

17 January 2020 | 2 replies
My question is what if I analyze 100 properties and find that 5 are great deals and would all work for me but I could only acquire 1.