My wife and I are beginning to pool funds to begin a real estate investing venture. I have a 401k from a former employer that I would like to leverage to our new business. I have been researching "Checkbook Control"...
Looking for your thoughts- I have both a Roth and Traditional IRA. I’m considering rolling them into a self directed IRA or solo 401k but hate the thought of a custodian. I’m also considering just pulling it all out a...
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Do you really understand your own motivations?
Simple answer might be yes, Money! So, you're saying you choose real estate just because you're under the impression you'll get rich or earn more in RE than you ...
I've done a few deals now, educated myself more, and now am regrouping for my next move. In doing so, I'm wondering if making money passively is possible remotely. Below is a 30-year hold (life of loan) KC SFH B+ Clas...
Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...
My goal is to produce $3k/month profit from rental properties while spending less than 1hr/week on management (e.g. engage a property manager).
I could buy a couple properties in cash, or buy several properties with ...
My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...