Jake K.
Need guidance getting my RE goals into a plan..
Hi,I am a newbie just getting the ball rolling in RE investing. My path right now, due to low funds and credit issues, is to wholesale properties. My BIG ISSUE right now is formulating a business plan. I feel like wit...
Robert Stamper
401K Solo contribution limits.
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
Patnaree Conrad
401k withdrawal for REI
Hi I am new and still learning about REI, I have been listen to BP podcast for a couple months and I think it is time For me to do an Action. My case, I want to do long term rental ( at least to start) so I dont have...
Stephen D.
Living in Remodel during remodel
My wife and I have purchased a home that we intend to live in while our new construction is being built. I have purchased the home in the name of my LLC and will be living in the home while it is being remodeled.
Wh...
Kirsten Milliken
Out of State Rehab- what to do?
I purchased an occupied rental in Indiana in February. The lease is up at the end of August and the tenants are moving out. The original plan was to go to Indiana and rehab the property ourselves. But then you know...
Travis Washington
Sell or Rent: Austin
Hey BP fam,
I’ll try to keep this short and simple. Have a primary home moving out of and analyzing whether to sell or rent. Stats:
-PITI: $1950
-Rent: $2750
-Current Loan Amount: $300K
-Current Value: $475K -$50...
Elvis Nasi
Should ROE trigger a cash out refinance in this market for my specific scenario?
Hello BP,
Between two properties I purchased 5 years ago, there is around $200k in equity. My rates are adjustable commercial setting to change mid 2024 then 2029 full refinance. Currently they sit at 4.5% and 4%. Th...
Manuel Sandoval
New guy, any advice is greatly appreciated
okay so I'm 17 years old and in my last year of high school. College isn't in my plans. I plan on working in the construction field, starting out as a construction laborer. I also want to flip houses. You know, buy th...
Lincoln Harris
110 acres of prime land. Should I sell now, wait or ?
110 acres of vacant land, 1 mile of Hwy 287 frontage. New housing development under construction directly across the highway. Currently not zoned for anything besides agriculture. Fort Worth city limits is outside m...
David Banker
Flight path to FI question
I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.I can identify my family's spending now and what I ...