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31 March 2018 | 10 replies
depends on what your trying to do.and where your at financially and time available.the folks that fall for the you too can retire even though you have no money and real estate can be done with others money.. while true.. rarely true for a beginner even one who graduated the class.. you simply lack real time experience.To me those that get the most out of mentoring have the ability to transact with their own funds and credit..
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28 December 2017 | 8 replies
If you do, then you still need the $ to Rehab which you will need to find which can be from retirement withdrawal or cash.
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31 December 2017 | 2 replies
I'm retired military so I will have income while I'm going to school and my wife and I will be renting out our house in DC (added headache?)
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14 February 2018 | 4 replies
Has anyone had success getting in touch with a homeowner who has moved into a retirement home?
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10 January 2018 | 21 replies
Our cash position could be better, but we're actively changing spending habits and focusing on cash flow in 2018.GoalsOverall: Earn financial freedom through real estate investments, be able to retire in 25 years (but still work because we want to)Buy our first investment property in the next 12 monthsWhat we're doingListening to BP podcastsReading books from BP, as well as generalized books like Rich Dad, Poor DadStrict budgetingImproving cash flow (refinancing our current home for lower payments, not being too aggressive with paying down debt, etc)Looking out for events in our area to network and educate ourselves (no luck yet...)Ideas/PlansGet a real estate license for both educational purchases and so we can manage our own transactionsPartner with likeminded friends on our first property to get the ball rolling; each couple saving up $30k+ in the next 12 monthsFocus on small single family / multi-family rental homesKeep our day jobs, real estate would be our side jobWhat do you wish others told you when you first started?
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7 January 2018 | 6 replies
You cannot transfer assets held outside a retirement plan into a solo 401k plan.
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2 March 2018 | 5 replies
If your close to retirement this isn't a bad idea to look at.I heard a financial advisor on the radio I listen to talk about how foolish this is.
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16 January 2022 | 108 replies
Then our plan is to leave our regular 9-5s and semi-retire into property management and acquisition.
13 February 2018 | 18 replies
@Steven LopezIf you have significant retirement assets, you could look into a combination of the strategies mentioned in previous posts.
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23 October 2018 | 21 replies
The latter is more important as it represents actual return on investment net of appreciation and debt retirement.