Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
Allen Felker
How to shut up the Wholesale bashers
Wholesaling real estate can be life changing. I know a lot of people who started from nothing and now make 6+ figures annually doing so, that pisses agents off lol. The things I see about wholesaling on BiggerPockets ...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Steven McPherson
Who here has started from scratch?
Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...
Damon Armstrong
Real Estate "Degree"?
Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...
Chris Gawlik
People think we're nuts
Hey everyone. We are selling our primary residence and moving into a travel trailer behind my parents house. We live in one of the nicest neighborhoods in town. I have a family of 6. A kid in high school and all the...
Gino Barbaro
Are We In A Recession? What Are You Doing To Be Prepared!
Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
Natasha Keck
Deflation, Stagflation, Inflation, Hyperinflation and Uncertainty
I've read a lot about having a three legged stool approach as a way to preserve and grow wealth involving a hedge fordeflation (depression, falling prices)inflation (status quo, slowly rising prices)uncertaintyIt woul...