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31 August 2018 | 4 replies
I love being a private lender but the fact that it simply increases my taxable income makes me consider shifting some of my note portfolio to multi-family perhaps...You might find this discussion beneficial where similar question is raised: https://www.biggerpockets.com/forums/51/topics/604...Owning notes in your retirement account (especially self-directed Roth IRA or Roth Solo 401k) is ideal since you can have tax-free income for the rest of your life if you utilize one of these vehicles.
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27 September 2018 | 12 replies
I always end up going by myself so it'd be a blast to have actual other humans to talk to :)
29 August 2018 | 0 replies
I’ve listened to every episode of BiggerPockets twice, in the past 2 years I’ve read more books than I’ve every read in my life!
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30 August 2018 | 12 replies
I would only look into a place that is hooked up to city sewer and water. the one I had in Oregon the drainfield expired IE came to the end of its natural life and I had to not only replace but have a 100% failure area which I had to then finagle with a neighbor had I not been able to do that I would have had to close the park.. 250k is what that cost..Now in the mid west and deep south were these parks are dime a dozen its not that critical like west coast we have some pretty strict DEQ type regs out this way.. but regardless that was a one and done for me personally.
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30 August 2018 | 1 reply
Worst case with your goals is 15 years, 2 doors a year to 30 doors, but real life doesn't work that way.
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29 August 2018 | 8 replies
You only get one shot in life to have a lifelong marriage to the wife of your youth.
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5 November 2018 | 10 replies
So I am clearly getting started a little later in life.
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19 September 2018 | 10 replies
I want to have more time with my family and give my kids the life I never had.
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4 November 2018 | 4 replies
I'm entering this with the idea to become financially independent and have a healthy work life balance one day.
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10 September 2018 | 4 replies
Once the property is under contract I have it inspected to determine the current condition and life expectancy of all major components and appliances.