I live and have invested in San Jose, Ca. I have a number of properties (SFHs, duplexes, condos, and a commercial property) here which have appreciated nicely and now cash flow well after many years. I also have a S...
Is cashing out a 401K to invest in RE a terrible idea?According to an online early cash out calculator, I'd be paying a hefty fine and taxes on the balance, receiving less than half the current balance. I've been con...
Hey BP I want to share my story of how I paid off $11,000 dollars in CC debt over a 27 month period, all while not paying any interest, and while traveling the world. When I graduated from medical school in 2015, I di...
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
what do you guys think of rich dads financial statement ? this one --> https://www.richdad.com/MediaL...
I was thinking of hiring a bookkeeper for $5-10 month to do all this for me and I can just send them my emai...
I really need help making the best tax situation here.I bought a note (owner in my name) from a bank at a discount. For ease of analysis, lets say I paid $10,000 on a note with a balance due of $100,000.I then bought...
I recently sprung a higher interest in real estate investing. I've heard a lot about it in the past and it has always been intriguing to some extent. I recently moved to Eastern Indiana with my wife to live close t...
What are some of the structures that you have seen work (ideally in your own funds, i.e. people with experience)? I am familiar with the model of LLP for fixed investment, return in X years. What about more active par...
On my last post, I listed the 10 reasons why real estate syndication is a great passive investment vehicle. Today, I am going more in-depth on "Diversification" and will cover all the reasons subsequently.
1) Diversi...
I know this question is subject to way too many things to actually answer but philosophically, how much is enough? I read posts and watch videos of people always searching for the next big deal. Some talk about 30 uni...