Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Antonio Williams Using 401K for property
7 June 2020 | 11 replies
@Antonio Williams @Marlen WeberYou may want to reach out to the HR department of your employer.Your retirement fund admin may allow loans against your vested 401K balance.There are normally 2 loan provisionsGeneral & Home purchaseHome purchase loan provision allows for a longer pay-back period.Normally loans are not added to your income and not subject to taxes/penalties.Your future paychecks are reduced to pay-back the loan balance.There are also potential risks when taking a 401K loan, the balance being due upon being let go or quitting.Alternatively, this year cause of the cares act, you may potentially be able to take out a distribution(no requirement to pay back) and it wouldn't be subject to penalties.
Navroze Pirza Ontario Canada multi-unit in corporation or personal?
4 June 2020 | 5 replies
That would cause your passive income to be treated as active income.Since you mentioned that you have a few multplexes, this may be doable.Another option is you can set up a three tier corporation, where you have a property mgm firm, real estate firm that holds the properties and a holdco that owns both.
Russell Holmes Any Realtors Monetizing the project management of OOS BRRRRs?
5 June 2020 | 12 replies
Those guys are easier to manage, its the interior guy that usually causes most of the issues!
Rawn Wilson Commercial Tenent Abandoned Property
2 September 2020 | 5 replies
@Rawn Wilson You have every right to pursue litigation and you should, so long as it does not cause you financial strain. 
David HyamsInv Auto-dialing apps or software recommendations?
4 December 2020 | 7 replies
I already get 20 unsolicited calls and snail mail a week from someone that is hoping that personal crisis and ignorance will cause me to sell for 60% of market value. 
Mysonne Johnson Should I get my real estate license?
6 June 2020 | 11 replies
Building multiple streams of income sounds great, but it can be extremely distracting and cause you to be spread too thin between your businesses. 
Jonathan Scialpi How will Covid-19 affect the market?
5 June 2020 | 5 replies
It’s important to note that this timeline is separate from the eviction timeline of June 12.Regarding tenant requests for maintenance, we are addressing emergency, health & safety issues to avoid causing you potential liability issues and protect your asset.
Danny Haddad Owner financing help
7 June 2020 | 14 replies
Each one should be outstanding and cause desire in buyers.  
Jane Dang Add brother to title of my primary SFH
6 June 2020 | 2 replies
Will this cause any Tax issue?
Leah Rojecki House Hack + 1st Time Home Buyer + Foundation Repair...
11 June 2020 | 3 replies
Sprinkler systems or soaker hoses help - the soil soaking up water, then drying out repeatedly is what causes problems.