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12 May 2020 | 7 replies
You cannot invest in real estate via your run-of-the-mill retirement plan at work or a regular traditional or Roth IRA.You can roll funds over between retirement plans (depending on your current employment status in some cases) but there may be tax consequences if you're rolling over a pre-tax account into a Roth vehicle.Also, if you envision leaving the workforce in the future, you can still have a 401(k) - provided that you have self-employment income, you can establish a Solo 401(k) or a similar QRP.
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8 May 2020 | 0 replies
I would like to attract high end clients or business that have regular people coming in.
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8 May 2020 | 2 replies
I have spent the first week lurking within the forums and observing the interactions between individuals before making a formal introduction.
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9 May 2020 | 2 replies
Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.
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10 May 2020 | 5 replies
Regular homeowners insurance will not cover the rental.
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13 May 2020 | 10 replies
The main issue is if you use a LLC to hold title, you won't be able to get a regular residential, conforming loan.
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10 May 2020 | 4 replies
What’s people’s experience with regular vs section 8 tenants?
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12 May 2020 | 25 replies
Analyze rental properties regularly, if a housing market is hot and the rent to value is no longer attractive, figure out how to move that money elsewhere to have better cash flow.4. 1031 exchange can be stressful, but 45 days is longer than I thought. i.e.
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10 May 2020 | 7 replies
In fact, my company has been actively selling properties there since 2006 because of the regular flow of opportunities we find.So your choice of a market is good.
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12 May 2020 | 12 replies
So thankful to be a part of this amazing community - I have learned so much from Bigger Pockets and will forever be grateful for the wealth of information I've gained from interacting with everyone here :)However, I am posting here to see if anyone has any thoughts/advice/wants to collaborate - anything would be greatly appreciated!