Christine Krizenesky
Pay off a rental or not?
We recently bought a rental and have a mortgage on it, I want to pay it off quick and thought about doing flips and using that money to pay for it. I realize I will have to pay gains on it if I don’t do a 1031 exchan...
Justin Fox
OPM and borrowing entire down payment question.
If I were to borrow someone's money to put the down payment on a house and the investor didn't want to be paid back over a term but a forever 'dividend' (I guess). How would the money (rental profit) be split up typi...
Steve S.
How quickly should I pay down rental properties?
I'm evaluating how much longer I want to stay working and I have a portfolio of several rentals which will, in part, fund my retirement. If I continued to make the same amount at my job and rents stay the same, I wou...
Joel A.
Where do you park your money? In replace of a savings account.
Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
John Thedford
Solo 401K And Ubit Questions
I started doing private lending in 2012 with my Solo 401K. I has been a steady source of income into the retirement account. My CPA states this actions falls under UBIT? I have been led to believe it is not and does n...
Gary P.
My first RE investment before the first rent check
My first post while riding the ripple of closing on my first investment propertyWhy?I followed the path I was taught since grammar school: go to school, get a job, live below your means, save your money, retire. While...
Jon Klaus
401K or rental portfolio?
Hypothetically, which would you rather have?A 401K worth $500,000, currently invested in index funds, but easy to convert to other securities or cash. Or10 single family homes worth $1,000,000 with $700k worth of mort...
Samuel Choi
Infinite Banking Concept [aka Life Insurance]
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Ishmeet Singh
Investing on crowd funding real estate platforms with Self-Directed IRA
Hello,Thank you for taking time to answer my questions.My yearly income is between $150K-$200K, which means I'm a non-accredited investor. I'm still very interested in investing on crowd funding real estate platforms ...
Account Closed
BoA jury trial
I just came across this in another forum, this is dated Oct 8, but I can't find anything here on BP. anyone know anythig about it?
Bank of America (And Its Executives) to be Tried by Jury
In an ominous, one sentence...