David B.
SDIRA - How is real estate handled when I reach retirement age ?
Hello all:If I have purchase real estate (a house) within my SDIRA (self Directed IRA), what happens when I retire?Do i just take income from the IRA? Or have the IRA sell it and take the money from the IRA? If so, ...
Justin S.
Retire on cash flow or cash out refi every 5-7yrs
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...
Malia B.
Purchasing w/ Self Directed IRA
Hi BP. I'm interested in learning about purchasing property with a self directed IRA. I have a 401k from an old job that is sitting, growing slowly. If I can learn how and it makes sense I'd like to use that money to ...
Helen Fradette
Newbie here, How do I calculate percentage amount to save?
Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount? I know the difference between GROSS and ...
Jil Tin
Rent vs Sale of current home at our 50s while 12 yrs to Retire
Hello BiggerPockets,Basically we are looking to upgrade our current home to buy a single story home from current two story home of the same size in the same city san Jose. We are aged 55 and 50, we expect to work at l...
Rich Weese
Follow up to WHY DO WE INVEST with some retirement #'s
I posted a thread a few days ago called why do we invest? There were a lot of good replies on that thread with many bigger pockets members listing their goal of 5000, 10,000, 12,000, or $20,000, per month for retireme...
Christopher Romeo
Using 401K to invest in RE
Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
Madan Anand
Down Payment from Pension/401K Funds & How to avoid Income Tax.
Hi, I want to buy a Duplex/Triplex rental property. I have to make down payment at least 20% to avoid PMI 30 Years Fixed Loan. I am retired. How can I save Income Tax for withdrawal of funds for Down payment. Need hel...
Robert Johnston
Quit your job or retire early? I'd love to hear your story!
Hello Everyone. I'm relatively new to BP, but have been reading and researching non-stop since accidentally becoming a landlord a little while ago. That cash-flowing rental has fueled my inner desire to begin a buy ...
Terry Royce
The case for and against IRA / Self Directed IRA
Currently I do not have any IRA / 401k, and I have been looking at starting and depositing into one before tax day deadline for 2011.
I have previously just bought stocks and/or mutual funds
However, the more I think...