NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Hello everyone,
I am a seasoned property manager in Central Florida. I’m currently observing an interesting trend in the Central Florida market where a noticeable number of short-term rentals are being converted into...
Ok so I'm reading a lot about loans and trying to figure them out, a couple things I can't figure out for the life of me, was hoping one of y'all could help me understand!1. Why would a bank loan out money at a 4% int...
For starters I have a HELOC through my credit union for 130,000Bought a triplex with a partner paid my down payment of 55,000 in February 2020Bought a Single family house in kansas cash and paid 34,000 and needs 22,00...
Has anyone in the Baltimore area looked into any of these really cheap but beat down houses? Does it pay off to fix and rent or BRRRR them? For instance,https://www.redfin.com/MD/Baltimore/2732-Wilkens-Ave-21223/home/...
I recently found a property that will cash flow at close to 10% Cap but I think the prospect of the property appreciating in value isn't great. The only potential upside is by increasing the rent a little bit at a ti...
I'm curious what people's thoughts are on this topic. As an active military member, do you choose to buy or rent when you PCS to an expensive duty station? And why do you choose that option? Let's use San Diego (since...
I'm in the "drinking from a fire hose" seIf-education phase of my early real estate investing career. I've been thinking about the option to go with the turnkey options available outside of my area (assuming the numbe...
Retirement Plan.I used to have a 401k. That was before I lost my job. My search for another job landed me in another country, working as a contract employee through a third party. I got interested in real estate becau...
I want to see if anyone has an opinion on what I should do. Quick background:Bought our house May 2020 for $185k, 6 bed 2 bath, near Kansas State. Put about $12-15k into it. Remodeled kitchen, both bathrooms, painted ...