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Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
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I have some college students that have informed me that they are moving out, there lease is not up until the beginning of August and they are leavig next week. They have been verbally informed that they do nto get th...
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My name is Cyrus Jones, I am 28. I just wanted to get some advice for my specific situation. I have a decent paying job, one rental property and I am privileged to veterans benefits as well. With all my income I am ab...
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Hey BP,I am in the process of buying my first rental property. I live just outside of Boston, MA and plan to buy a property within 30 minutes of my current residence using FHA financing. I found a couple of deals that...
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6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
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Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...
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I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
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Hi, I began my house purchasing process with SEFCU, a local bank in Albany, NY. I was going through the SONYMA program, and my LO was supposedly experienced and versed in the program. This is a program that is low dow...
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I'm new to real estate investing and was considering getting my real estate license as a way to increase my knowledge of the industry and also my exposure to deals. I want to invest in real estate for retirement reaso...
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Hello, I'm a 20 year-old aspiring investor. I've taken courses, listened to the podcast for a year, done a lot of research, etc. and I feel that I'm ready to take the first step in real estate investing. With that, na...