Lee Prete
Stop 401k deductions to pay debt is this smart?
My partner and I are considering stopping all 401k deductions (MAXED YEARLY) to fund debt payoff. I am not sure if this is the correct approach and looking for advice? We currently have a 2 rental properties and produ...
Christine Walthall
Early Retirement with Real Estate
I'm looking for resources on calculating/planning for early retirement that add equity in real estate into the calculations. Our monthly cash flow from the real estate is not significant, but we have a great deal of e...
NA Sho
First rental is getting $400 positive cashflow - how did I do?
Hello! I'm new and excited to have found Bigger Pockets, so far I'm enjoying reading all the content and learning a lot. I come from a background where my parents have always owned rental properties (~20), so I know a...
Robert Slatkin
WHAT AM I REALLY BUYING? I NEED YOUR ADVICE!
Hello BiggerPockets community. It's been a long time since I've posted, so bear with me... I'm a little rusty. I'm under contract to purchase a multi-unit property in the Richmond Virginia area. I live in Northern Vir...
Sophia Griffies
Series vs. Traditional LLC
There was a recent Bigger Pockets blog post about Series LLCs vs traditional LLCs. It sounds like some states don't allow them, but you can get one that is registered in another state. Texas, Delaware or Nevada appe...
Alice Huang
Seller removed a tree before closing. Now city is delaying permit
Hey BP community!
Back at it again and looking for some insight. Maybe someone has experienced this.
We are in the middle of permit processing from the City and a tree removal issue is holding us back (San Antonio...
Collin Hays
Let's hear your best STR story
Oops, I meant "hear"...
So in 2010, I did what everyone tells you not to do: I cashed out my entire 401K and after penalties and taxes, I had about $270K remaining. I then used that to pay cash for two log cabins, ...
Danny Jimenez
Tenant / Owner Expenses Split?
Hello all! For anyone in the Cleveland Ohio area, what typically is normal in that area in terms of who pays the water/sewer, electricity, gas, & garbage?Looking at small multifamily deals in the area and was curi...
DJ Cespedes
Structuring Initial LLC
Hey BP Fam,I am hoping to get some advice from the community on this matter. Some colleagues and I are planning to form an LLC for Real Estate Investing. We plan to start off with flips to build up capital in the earl...
Melanie Rodriguez
Cash-Out or Home Equity Loan?
Hello!
I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?
Home value: $400,000Mortgage balance: $51,000
Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...