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I have a chance to sell a house and am comparing my options which are:Keep the property for four years and benefit from cash flow and potential appreciation, orsell the property and invest the money in notes or oth...
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Welcome to our first BP Book Club discussion. We will be discussing the Introduction of Rich Dad Poor Dad by Robert Kiyosaki. Next time, we will discuss chapter 1, entitled, "LESSON 1 - THE RICH DON'T WORK FOR MONEY."...
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I am a licensed contractor in Orlando, FL. I am looking for an investor who would be willing to partner with me to flip properties in my area where I get paid in 2 ways: to do the remodel, but charge less than my nor...
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How would you typically figure in a loan from your 401K into your rate of return?
I wouldn't think you would calculate as debt service since the interest you are paying is to yourself but it does effect your availabl...
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I know this is going to vary by market and personal circumstances, but I cannot help but notice that it is the prerogative of most investors to buy cash flowing properties as aggressively as possible, and as soon as o...
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I have 2 young kids and therefore have two 529 accounts. Each has a fair amount of money in them. After doing some research on the flexibility of a 529 as compared to a roth, I have decided to open each kid a roth ir...
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If I buy a long-term rental property and the cash flow i am receiving is average wouldn't it take a lot of time for me to earn enough to buy another rental property? How can i earn enough to buy another investment pro...
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Would it be wise for me to trade in my 2001 Camry that I have no payments on, and get a car that qualifies for Uber in order to earn extra cash for investing? I'm thinking as long as i'm cash flowing by earning more ...
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There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from runn...
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Hello Bigger Pockets Friends! Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...