You have a chance to cash-out everything you own with the exception of a two houses free and clear (with a net rental income of $2,000/month @ 90% occupancy - taxes/ins. - 10% expenses) in addition you can get just ov...
I've been following my accountants advice and pulling funds from 1 business, putting them into my personal account, then transferring them into my RE account to acquire property. Is this the correct flow of funds for...
For years, I spent my mornings listening to audio books at the gym and often throughout the day learning as much as I could trying to find my way in to REI. Late 2023, I figured it out. The following week, I resigned ...
Hi fellow members,I am a new investor but having 25 years of extensive software development skill which I would like to contribute to my fellow investors. As I am learning how to invest, there are many steps which are...
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...
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Just curious how many investors still contribute to retirement using other vehicles. Do you commit 100% to real estate or keep a full time job with an alternative retirement plan such as mutual funds?
I'm just about to close on my first rental property -- a duplex. Currently, my wife and I contribute the yearly maximum to our employer 401K plans to decrease our taxable income. However, now we are considering r...
I'm interested in getting feedback on this scenario:Three people go in on a partnership on a rental property. Person A contributes $30K to downpaymentPerson B contributes $40K to downpaymentPerson C takes on a mortgag...
Alright so I'm sure there are a lot of good complete systems/programs that people have developed but if you had to choose one single thing you do that has the biggest impact on your success, what would it be?