Passive income streams require an upfront investment and a lot of nurturing in the beginning. After some time and hard work, these income streams start to build and are able to maintain themselves, bringing you consis...
62,retired,zero debt. Buying 1st house monthly income fromSS and small company pension is $2720,I have $1,520,000 in a rollover IRA. My question is should I just withdraw money from IRA and buy the house, or is there ...
Hello Everyone,
I am contemplating between 2 strategies right now for $100,000 cash I have to invest. I do not want to leverage any property. I like to sleep easy at night and not rest on a house of cards. The 2 stra...
I am currently stuck with what I should do I am 22 years old living with my parents in New Jersey I don’t pay rent and all I pay for is car insurance and gas. I drive a Honda Civic that is great on gas I recently star...
Let's say you made a couple hundred thousand in net taxable income from house flipping and you're holding some of that cash through the end of the year until you find another property, so 1031 is off the table. Other...
Last night I finally realized I've been failing in a big portion of my business, systemizing. From the wholesaling sector to the flipping. Although I've been successful my first year, I feel like I could have saved a...
Hi all,We have we have been working with barnett capital who said they cover 85 percent of project cost and then once you submit everything they tell you if you are not making 35k or more on a flip they won't fund the...
Looking into multifamily in a newly identified Opportunity Zone and was wondering if I could transfer money from my old employer's 401k plan into a Qualified Opportunity Fund. The goal being to defer the tax and early...
Say you had 2 properties. Property 2 suddenly needed a new roof. How do you know if you've saved enough in cap ex funds to pay for it? I can't imagine each property will have its own separate bank account.
I guess...
Hello all,We have bought several properties in our SDIRA and SOLO401K accounts both with cash and using leverage. So good so far. A 6 unit that we are looking at right now is owned by an investor that might be willing...