Does it make sense to lessen my 401k and use the extra monthly money to invest in rental property!?

Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...

Bigger Pockets Community -
I'm trying to plan for the future and have a question I'd like your thoughts on.  
 

I have a 1031 Exchange going. We put an offer in on an identified home. We have about $40,000 left over, meaning the home we made an offer on was less than the 1031 Exchange amount.   The home, as-is, can work but i...

Hello All,I am starting out a retail business with my life's savings (around 300k). Since this business does not have any property or equipment, I cannot get a business loan (and hence using my savings). I wish to sho...

Might be a stupid question but - is Cash Flow Taxed? I've heard some people say that cash flow goes "straight to your pocket and it's all yours" and others say don't forget you pay taxes on it. Well, which one is it? ...

I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...

I formed a partnership with an investor and we have $300k sitting in the operating account. Rather than paying a property manager a $1,000 fee to place our tenants in the property, I am doing that and partner told me ...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $320,000

Cash invested: $80,000

I bought a single family home in Prescott Valley, AZ. The home is a 1675 sq ft thre...

Once you get settled into your rental property, I assume it's important to document everything and stay super organize. What's your approach to recording monthly income, expenses, etc.? Is Microsoft Excel too simple? ...