Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Stop making Ira contributions as you’ve learned real estate is a better investment.
Dmitriy Fomichenko
How to supercharge your Roth IRA or Roth 401k
27 December 2024 | 18 replies
Knowing what I know now, I will never contribute to Roth; I will only make pre-tax contributions, get maximum tax deductions, invest, and then be selective about which asset I want to convert (such as the one above).
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
It can strengthen your relationship with your property manager and demonstrate that you value their contributions to your business.It helps ensure compliance with lease agreements.Many lease agreements require landlords to name their property managers as additional insured parties on their insurance policies.
Kayla Elliott
What is the best loan strategy for this buy and hold?
20 January 2025 | 4 replies
The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you.
Geoff McFarlane
Sell our home or rent it out?
20 January 2025 | 7 replies
This approach will allow you to focus on the financial benefits rather than the day-to-day operational tasks.Additionally, consider how this rental income will contribute to your overall financial picture.
Felicia Reid
Inspiring Entrepreneur in progress
30 December 2024 | 4 replies
I am looking forward to learning from and contributing into this incredible network.Best regards!
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
David Denney
Need advice. 3 way LLC / partnership set up
27 December 2024 | 2 replies
How much time / cash / other are each individual expected to contribute?
Tanya Karle
Hi! Let me introduce myself--
29 December 2024 | 7 replies
A great place to both learn and contribute back to those just starting out.....
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
The way I'm looking at it, if my spouse and I only do employer matching for the 10 years we would have more than enough in there and still 10 years out from being able to access it.I do plan on doing 401k loans for deals if the numbers check out, and I've considered rolling over some of our 401ks into roth IRAs to access our contributions but we'd have to pay taxes out of pocket (a big hit to cash flow) and we couldn't touch it for 5 years.