Hello BP!What has your experience been with allowing tenants to deposit their rent payments into your account at the bank? Has anyone experienced a time when the tenant made a withdrawl? Also, in terms of setting up A...
Hello, I asked my tenant to pay the rent online. Gave him my wells fargo bank account and routing number. then he said his chase bank has sent me two small deposits to verify my account. so I gave him the amounts of t...
Hello everone,Can I use My IRA/401K as an down payment, if so how much is allowed and are there penalties involved.
I’m a complete newbie to REI. This is actually my first post here on Bigger Pockets. I dabbled with the idea of REI earlier in life (I’m currently 39), however, I received mediocre advice and I just wasn’t hungry enou...
Hello,
Which one wins on a 30 year horizon?
When looking at a long term real estate investment (approximately a 30 year rental property hold) that returns 8% annually compared to the stock market that returns an ave...
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
Hey party people! I am curious what to do with a percentage of my income every month to put it into investments in real estate. Currently, I'm putting my income into an ETF and then when I find a deal worth taking act...
Currently, I'm depositing my reserve funds into a generic savings account. But I'm wondering if there is a better low-risk option for that money, which is just sitting there for a rainy day, that would help it grow o...
Hello all. Next year I want to begin the process of buying my first multifamily unit, which I want to live in one unit. But all my money is in IRA's and other money funds, and I think I'm going to need to tap into tho...
Here's a thought in SDIRA versus loaning to oneself from the 401k. SDIRA as we know comes with all sorts of fees.401k can be used to loan money out to the holder of the account. I always thought that to be a bad idea ...