Right now I'm wondering if it's best to start in my own backyard or acquire a low cost investment out of state that I can learn from as I go.

The Hospital has already acquired enough land to add office building and Labs.Now I am wondering what will be a best way to handle this property.

Thus far we have been right and have been able to increase rents by over 20% since acquiring.

In particular, someone who wouldn't mind providing feedback over a mailing letter that I have created and plan to use to acquire my first mobile home property.

The greater outcome will come in the future as other properties are acquired in the neighborhood, but in the meantime we’re going to capture a combined $500 of cash flow every month Lessons learned?

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.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).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

I am an investor as well and I have several single family rentals in Bolingrook, 2 of which I acquired within the last 2 months, and all cash-flow nicely with 25% LTV plus about 5% to 12% more in rehab expenses.Best of luck to you Dale!

As you are acquiring contracts on properties, you can post the basic info with a good picture in these Facebook groups.

After acquiring this home, I realized that AirBNB isn't as difficult as I originally expected, and it makes me want to buy another short-term rental.

I manage dozens of STRs in Columbus and am trying to acquire some buildings for ourself also.