Lauryn Meadows
Exiting Coroporate America and Rolling over 401k to REI
Hello BP! I have a family member looking wanting to exit his corporate job and start investing in RE. He has $1m+ in his 401k. What are the best tax strategies to mitigate the tax burden and avoid the 10% hit on being...
Ross Ellington
The Price of a Note?
Hey, good evening BP! I was wondering if the purchase of a note was anything like the purchase of a house? Meaning is their a type of payment plan or is it paid in cash for the note. Also, is there any science to pric...
Steven Johnson
Hello to Bigger Pockets and Goodbye to the Rat Race!
Good afternoon everyone,After trolling for the last 12 months on the forum I have decided to post - why? Because action doesn't occur without interaction. I have made a self-proclamation that 2017 will be the year I f...
Curtis H.
Can bank block bringing loan current for Sub2 deal?
Hi guys, I have a post one page back with all the boring details on this Sub2 opportunity. Seller is willing to deal, and I think I have a 85% shot at getting it. Here are my questions...1) Can the bank NOT let me bri...
Austin French
$1,000,000 401k to Real Estate at age 60 for retirement
I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
Daniel Hart
Subject-to transactions, are you writing off the mortgage interest?
Deed is your name, mortgage is in previous owners name, you've been paying the mortgage, do you write off the interest? My accountant says I can't...
Alex Franks
Your ideaology of Money
What does 💵MONEY💵 mean to you?🤔
-Is it a bad word that should be worked for but never brought up in conversation?🤫
-Is it a vain commodity that is needed but not in excess or you’re just a greedy Scrooge that only t...
Robert Slatkin
WHAT AM I REALLY BUYING? I NEED YOUR ADVICE!
Hello BiggerPockets community. It's been a long time since I've posted, so bear with me... I'm a little rusty. I'm under contract to purchase a multi-unit property in the Richmond Virginia area. I live in Northern Vir...
Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...