Account Closed
Unsupervised Minors left alone in rented unit
A rather scary incident today at one of my units. A neighbor came up to me while I was inspecting another unit and was concerned about the noise coming from a different unit. We knocked on the door and a 12 year old a...
Peyton LaBarbera
Portfolio Loan Question
What happens when I fully pay off a portfolio loan? Do I get to sell the properties individually if I wanted to in the future or do I have to sell them as a portfolio?Just to clarify by fully paid off I mean at the 15...
Brian Day
Withdrawing from an old 401k to pay debt
Current situation - I'm 34 years old. A couple of years ago I rolled 75% of this 401k into my company's ESOP. I left that company in June of last year, but I was there long enough to be 100% vested. Since I rolled ove...
Greg Strunak
Working on my first seller finance deal
Hello, new to the bigger pockets forums. I'm looking to make my first short term rental deal using seller finance. I was able to find some sellers offering some deals with seller finance. I was hoping to get some good...
Terry McMillan
401k Cash Out Dilemma
I am wanting to get started in real estate investing by acquiring rental properities. I have a substantial 401K ($300k) that I could cash out and use to start buying a few properties. However, I will lose $100k right ...
Brian Armstrong
529 Plan vs. Roth IRA
I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...
Dan Crenshaw
Need some help analyzing my first potential deal.
I came across a renter that has currently been living in a 3br ranch for the last 2 years. He loves the house and would love to own instead of rent. He doesn't have the down payment to purchase it, and has mediocre ...
Ray Kellogg
Pull funds out of 401A and Take tax hit now ?
Got a recommendation ( not from a fiduciary) to take money out of 401 A now ( I’m retired) and invest in R.E. SFH’s. Claim is taxes are only going to go up….better off paying the taxes now and having full control of y...
Kasey Gagnon
First Investment Property LLC vs Conventional Loan
Looking for some advice in reference for my first investment property. This will not be my primary address, so FHA loans are out of the question. Do you all recommend buying the property with an LLC or buying it with...
Frank S.
TFC Shortsale Relocation Costs for Seller
Hi, I placed a bid on a shortsale. The mortgage is by TFC. My agent told me this bank does not give a dime for relocation. I feel bad for the seller for she was expecting $10,000 to move out. Well, I also feel ba...