Nicholas Gerze
New Wholesaler Looking to Network
9 July 2020 | 4 replies
As the title states, I'm looking to get into wholesaling as a foot in the door to real estste investing.
Sean Harris
Pulling out 401k money for investing
9 July 2020 | 4 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
Joe S.
Is 50 to 55% occupancy for an Airbnb normal?
10 July 2020 | 14 replies
I have a four bedroom 2 1/2 bath almost 3000 square-foot house in a very desirable area of San Antonio.
Matt J.
Creating an Air BnB Plan
27 July 2020 | 33 replies
@Paul SandhuMy parents owned a small resort in the Catskills when I was a kid...you just summarized all the things I accidentally saw as a child but didn’t process till I was older.
Andrew Faukner
What to do with the "Black Hole"?
12 July 2020 | 2 replies
The hole is about 3 feet tall, by about 1 foot wide.
Dan D.
750k-1mil to invest passively
18 April 2021 | 15 replies
All companies are going to "put their best foot forward" when advertising their investments, so it is really important to get to know the "why" and the "what ifs" behind the decision makers. 2.
Henry Clark
RV/Boat/Vehicle lot selection
12 July 2020 | 0 replies
Pricing- use a 30 foot vehicle as an example:-In the country about a $1 per foot on rock.
Kyler Cook
My wife and I are making the jump! How would you?
16 July 2020 | 19 replies
You might have difficulty believing how many guys I've seen shoot themselves in the foot because they didn't have their money game right when they started on REI.
Bryon Buonomo
Starting out Short Term or Long Term
16 July 2020 | 1 reply
I wanted to get thoughts on short term vs long term rentals as the first “foot in the door”.
Anthony Triano
Wondering about Mello Roos.
21 July 2020 | 10 replies
One thing to consider that isn't technically a Mello-Roos, but is similar, are Deferred Water and Sewer Charges/Front Foot Benefit Fees.