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Results (10,000+)
Chad Smith Use 401k for investing...?
5 January 2021 | 6 replies
Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.2) Regarding taking a distribution from a 401k plan and then paying back within 60 days: the issue here is that there is a 20% withholding requirement so if you distribute $10,000 you will receive $8,000 (since 20% is withheld) but you will need to deposit $10,000 within 60 days so you are effectively providing Uncle Sam with an interest-free loan equal to $2000 since you won't be able to recoup those funds until you file your taxes.
Richard Covarrubias Turnkey solutions - yay or nay
6 April 2019 | 21 replies
I am currently bedding my last 2 rehabsBoth just competedMy plan is to firstly ensure that my assets are performing, by this I mean cashflowingI will then target growth/appreciating areas in DetroitBaby steps at the moment
Jonathan Seda Double my portfolio using equity
4 March 2019 | 6 replies
They all perform well. 
Bart Charkow Marketing Strategies for Dummies?
27 March 2019 | 11 replies
I believe SEO to be the dominant strategy but any good marketing mix will have a portion allocated to performance based advertising.Good luck to all and reach out with any questions.
Adonna Villanueva Looking for the local bank guy in Kokomo, IN
30 January 2021 | 8 replies
I already have 1 performing asset in Peru, IN and I wanted to rinse and repeat. 
Account Closed Loving the Free Educational content provided by PIP Group
20 February 2019 | 32 replies
(pros and cons) but one mistake I see others making is throwing money in, and not performing their own due diligence.
Armen Zakarian Finding Your Next Deal...
15 April 2019 | 8 replies
There comes a point where more leads for how much added work/money the curve will flatten out.This curve reaches top performance with SEO ONLY.
Nathan Smith I got a deal what now??
26 April 2019 | 30 replies
Unlicensed brokers typically screw over sellers and then brag they are performing a "service".
Geoffrey Tanudjaja Neighborhood opinion at East English Village Detroit
24 March 2019 | 8 replies
I also purchased a home in Morningside (just west of EEV) but the neighborhood didn't perform as well as I had projected, so I sold it. 
Aaron Laster Are The Properties That We Flip Subject to Self-Employment Taxes?
18 March 2019 | 0 replies
Perfect planning prevents poor performance (in this case, financial performance).I hope this article inspires someone to get out and take action because it's never too late to invest in real estate!