Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?

How do yall feel about buying a rental property all cash? This will be my first investment and im wondering if it will be a good idea. I am fortunate enough to work a job I love that makes me a decent income. My plan ...

Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...

This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...

Hey BPers,So I've been brainstorming about how to start stacking up my finances to come up with a down payment and I came across something. I'm freshly out of school and I have a good paying job but it still takes som...

OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...

Thought I'd start a small thread to see what $250,000 would get in different parts of the country. . .

This should be an interesting one! :groovy: