I am considering moving my sizeable 401(k) from my previous employer to a Self Directed IRA or self directed 401(k) so that I can access the balance to use a down payments on rental properties. I've come up with the t...
Hello, I am new to this forum and also to real estate investing. I have been currently self employed for the last 12 years and have been contributing to a SEP-IRA yearly. I am planning to buy a Beach Condo which will ...
I posed this question in one of the groups, and wanted to get insight from the BP community as a whole to see what experiences people have had investing with a Solo 401k. Being able to contribute $46,000 to a retireme...
I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
Hey All,I have a live-in BRRR and would be interested to hear what you think of my plan.BackgroundMy wife and I bought a fixer-upper in Portland OR at the beginning of 2016. Our reason for buying this particular house...
Hey gang.I am currently under construction of a first cabin on 15 acres in upstate NY in Adirondack mountains. Question is do I need to parcel out the land if I plan on building several cabins on this land in order to...
Hi - hoping some of you can let me know what I am missing or calculating incorrectly. I hope this is easy enough to read but if it isn't, I can likely link the Google Sheet.
I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
Hello everyone,I have a family member who's has passed away over 5 years in Florida. His property has been taken over by his kids. There is going to be a tax auction shortly. I would like to purchase the property in m...
I've recently been stress testing my company and I'm curious if others are doing this?For me it's been as simple as simulating a correction and removing, for instance, flip income, as well as reducing gross rents. Th...