Evening, Fellow BP'ers:First let me start by admitting that I recently listened to the most recent podcast with Kyosaki's CPA followed by Kyosaki's episode 500. Where basically in the first 10 minutes he poo poos on ...
Hello Everyone! This is going to be a LONG one!I just turned 21 and I am preparing to make my first purchase no later than May of this coming year. I am very excited, but I want as much advice as possible as I am awar...
Hi All,So I have been around BP for a year now soaking up all I can. I am 56 I finally lost my IT job of 19 years so I really want to try and get started with this RE gig. I have about $200K in my 401K that I need som...
If the below was representative of you & your position what would you do to take full advantage of the inherited capital and launch your REI business?
- Recently inherited roughly $250k - Long-term goal: Passiv...
I have searched BP forums in a few ways to see what the chatter is about Puerto Rico and the posts that pop up are old. Very surprising. I understand that PR is kind of USA territory but kind of not - which will under...
My wife's employer offers what seems a good retirement plant. If she contributes to her 401k/Roth IRA 3% of her basic salary, the employer will contribute the same 3%, plus an additional 1% of her basic pay. For examp...
I recently read through as many posts on BP as I could regarding raising a small amount of money to use for my acquisitions. After going through - what appears to be a normal knee jerk, 'I'll just start a company and ...
I'm curious if anyone has run a comparison of the returns on a Self Directed IRA versus simply using after tax cash.
So funding a SDIRA has an obvious benefit, tax savings. With all the deductions and credits, etc e...
I was browsing some properties in manhattan, ny and some in the surrounding area and noticed that most of these properties have a negative cash flow. So i dont understand why anyone would want to invest in these prope...
My husband and I have not been able to figure out the math on this and I hope that I can get some comments and suggestions from others. We lived in the SF Bay Area and own a townhouse as a rental. It had appreciated a...