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5 March 2024 | 34 replies
Leave enough in there to reaccumulate.Starting t age 55 you won't have to pay a penalty for early withdrawal, though its still a big tax hit I haven't done a cash out--yet--though I've used a 401K loan a number of times and it has worked out extremely well. 5 year amortization, but you are paying yourself and if you ever stop, you won't be penalized or taxed on what you paid back.
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4 March 2024 | 14 replies
Hey Josiah, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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3 March 2024 | 36 replies
But overall, it was one of the best decisions I ever made and really helped to kickstart more rapid growth of my own portfolio.Good luck!
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5 March 2024 | 11 replies
On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.
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4 March 2024 | 29 replies
I'd live with it as is if it is only cosmetic or do the few changes I mentioned which shouldn't cost much.
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4 March 2024 | 5 replies
2000 sf and only two spots - the only thing I can think of is a two person company who does not ever have clients come visit.
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4 March 2024 | 16 replies
If you ever need advice on financing for your future deals, feel free to reach out.
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4 March 2024 | 18 replies
I hate changing all the time because of confusion with the tenants but will somewhere down the road.
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4 March 2024 | 10 replies
The County is about to change the ordinance to no longer allow transferring a license.
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4 March 2024 | 10 replies
Nathan Unless you are changing the occupancy to STR, MTR, or some other use to reposition the property, there isn't a lot of value you can add to a new build.