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I have about 120k in my 401k and 100k in equity at the moment and would like to use it towards real estate investments. I've been researching different services to move my 401k money , such as Whole life Insurance or...
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Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
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5 years ago I purchased my first home using the VA loan (no money down). Lived there for a year, then rented it out for 5 years. The market in Colorado Springs, CO skyrocketed so I sold it. I now have, after taxes,...
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We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
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I learned today that a shooting happened in one of my triplex last week and as a result someone died or was seriously injured. That happened last week and I just learned it today when I showed up at the property and o...
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Has anyone actually made enough cash flow to use their property depreciation?
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Making about 6.8% cash on cash from rents after expenses. It's a 145K house and although the market is going up, it's small gains compared to my leveraged 500-700K leveraged houses. I've kept it to date as a fall back...
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I have a tenant who has an MMP card and is growing marijuana. It is not clear on the landlord rights to have access to the room. According to the law for the grow room, only the caregiver and patient should have ...
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Hello BP,
Just curious. But is it possible to start out with REI with little to no money?
Thanks!
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Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...