Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/519945/small_1621480960-avatar-justiny7.jpg?twic=v1/output=image&v=2)
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833797/small_1621515963-avatar-robertf384.jpg?twic=v1/output=image&v=2)
This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/242301/small_1621435663-avatar-lordbobviii.jpg?twic=v1/output=image&v=2)
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/144404/small_1621419228-avatar-josh_rich.jpg?twic=v1/output=image&v=2)
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Because it’s hard and taking the first step in the hardest! We have money ready to go and I always wonder why people who seem to do better than us, don’t invest in RE. But the emotional roller coaster has almost don...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/573932/small_1621492904-avatar-chadt16.jpg?twic=v1/output=image&v=2)
As a newbie with limited capital from which to begin investing, and a Dave Ramsey fan, I'm struggling with how to justify REI knowing he teaches to do everything with cash, including REI. In fact, it would seem that a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/95386/small_1621416790-avatar-balopez.jpg?twic=v1/output=image&v=2)
Has anyone used this system to 'turn your real estate business into a million dollar business in a year'? That was one of the web videos informercial claims. It looked to be basic internet marketing systems, SEO and...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/434344/small_1621476472-avatar-matth46.jpg?twic=v1/output=image&v=2)
Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...