I have bumbled through properties sales, rentals, mortgages, etc. mainly because of moving so much with ex. However, I also have a knack for seeing a dysfunctional property in all of its glory. (Something you guys t...
I have been a w-2 employee until recently, investing in real estate on the side. I’ve left that work, and plan to self-manage apartment buildings I own, formalizing that as a 1099 employee of each LLC. All LLCs have p...
Hello Friends!Just looking for some advice on an old retirement account and how to start a new one.I have been self-employed for about a year and half now and putting off moving my old retirement account. At my previo...
I've been interested in getting into the Florida vacation rental business for some time now. Not as a full-time career, but in order to own a home for when I retire (which would be within 20 years from now) and to hav...
I am a teacher and have a 403b retirement account that I had put cash into when I first started teaching. I also own 21 SFHs and am a little nervous about collecting rents for the next several months. My question is...
My wife and I have been looking into buying a new construction home with the idea of renting it out...paying down the mortgage with the rent and using the rental income or sell the home in 25-30 years as part of our r...
Experienced investors, please explain if I'm being unrealistic.I'm middle aged, and my home is mortgage free. I also have 3 rental houses in Las Vegas, which I purchased at the ideal time a few years ago. Those are ...
Hi is it a good idea to use some of your 401k/403b fund as a down payment on your first real estate property. What are the pros and cons of doing so and finally are there any hefty penalties for doing so.
Here's a scenario and I need some advice:Say I (in my mid-30s) have an employer matched Roth 401k, a rollover IRA and a Roth IRA. Currently all of my retirement funds are vested either in mutual funds or in stocks. No...
After spending a few years investing out of state in long term rentals, I realized that I would have to accumulate up to 100+ houses at the infamous “$100/door” target to completely decrease my dependance on my W-2 in...