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I’m married, 43, and living in New York State. I’m torn between maxing out my 401k with an annual 8% return or investing a majority of that 18k into real estate. If I max out my 401k, I take advantage of the tax ben...
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Hi BP community, my name is Kelvin Lozano.I've been a "member" of BiggerPockets for a couple of years but this is my first post.At the start of 2015, I shadowed a couple of my buddies for a few months as they went abo...
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I have a property that was intended to be renovated and sold in Maryland. There are 3 other partners involved and we created on LLC, each with 25% ownership. Unfortunately construction was being done by one of the p...
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Hi I am Justin looking to get into real estate in the Fort Worth, Texas area. I have no experience in real estate, I was wondering how newbies can create value in the community without having any expertise?
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Hi everyone, my friend is VA eligible and we are under contract for duplex for 850k in NY. The VA limit is 679k. Which means we need to come up with 42K (25% on the remaining 171k). My friend thinks I should pay for ...
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Both partners have capital to deploy. Both have real estate experience. However, one has the credit score while the other has the rehab IQ… how would you structure the deal between two partners for starting out?
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I have been frequently adding into my IRA while saving money every month towards my first investment property. I just wanted anyones opinion on if i should continue on my routine or stop putting money into my IRA mont...
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My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
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I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties. I will be buying the properties using case from the SDIRA and reinvesting the profits back into it. So I w...
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I was just wondering why with all he members, it seems like the same 20-30 people always chatting. I am just trying to figure it out.. Thanks