@Brooklyn R., then why are you here?

Originally posted by @Ralph R.

Say your rent is R, and if you buy a place, every month your expenditure is E = mortgage interest + taxes + insurance + depreciation (yes just like an real estate investment) + HOA if you have one.

@Randy R Espinoza, home prices in Bakersfield are up like they are in most places, but so are rents. 

Have you worked with him o r her before?

Thank you,R~

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcasts: https://www.biggerpockets.com/...Wishing you the best!

Former HVAC/R service tech here.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

Get a business broker and not your cousin that’s been in r/e for a year and has sold a house or two.