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Hello BP Family,I joined last year shortly after stumbling upon the Bigger Pockets Podcast, bought some books, considered going Pro, read Set for Life, and decided I'd pay off some debt first. Well, I'm back! I paid o...
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Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...
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If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
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Hello all,I am a sole proprietor a S-Corp and recently setup a Solo 401(k) plan with one of the Solo 401(k) plan providers.I am in the process of deciding to open up a brokerage account with Fidelity.I understand I ne...
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Hi everyone,I was hoping you may be able to get me pointed in the right direction. I recently received a lead from a family friend on a house to buy and flip. The deal looks very attractive. I have discussed this oppo...
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Hello, my wife and I just sold our sfm home that we rented out after we moved to the burbs. We boggled the “cash flow” aspect of the rental but made money in appreciation. Anyway, we are a little smarter now and under...
When you buy assets that produce positive cash flow, you begin to create true wealth for yourself.
When your assets produce positive cash flow than covers all your expenses, you will never have to work again.
I am partnering with a friend of mine to build a rental portfolio. We are going to use the BRRRR method, but instead I will be the one to Finance the deals. Hard money loans have relatively high interest, so if I can ...
Hey guys, this is a relatively simple question, and it may have been asked already numerous times, but I think with the new upcoming tax changes it may be worth considering again. Would you guys recommend that I max m...
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Managing a property involves a myriad of responsibilities, from tenant relations to maintenance, financial oversight to legal compliance. For property owners, the decision to hire a property manager is a strategic one...