Aloha! Originally from Hawaii, I am a college graduate with my MBA with a focus in Finance from Liberty University. I played 5 years of collegiate tennis as well as 18 years from the time I first picked up a racquet.I...
Good Morning BP!So I have about $19k stuck in a 401(k) account with a former employer. I'm fairly young, 30, so my investment allocation was 85/15 stocks to bonds. Since its inception over 5 years ago, my overall rate...
Hi Everyone, I recently quit my day job and am trying to decide what to do with my 401k funds. I was going to transfer into an IRA but when I got to looking things over, I'm seeing some other options that I don't know...
It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
Hello BP,I have an opportunity to buy an established beer and wine market w/ existing business. Offer is 400K for both. The business claims it nets 120K, the owners are not currently paying themselves rent. The buildi...
I am going to be doing a BRRRR and the last step of the cash out refi is where I run into issues. I am self employed and can't produce much in terms of tax documents etc. I can show bank statements and have excellen...
If I have a rental business, can I use that income to qualify me as self employed so I can set up a self-directed solo 401(k)?
@Dmitriy Fomichenko @Seth Tandett
I have noticed that a significant number of people into rental real estate also one their own property management companies. My wife and I have a few properties that we currently manage. Is there an advantage to makin...
Hi All. I am looking for some advice. I have a 2-unit rental property and my tenants in one unit reported a clogged toilet. I sent a plumber over and it turns out that the tenant, in the other unit, has been putting b...
I couldn’t decide on Phoenix metro for the growth, or Tucson for the affordability but then I discovered Coolidge AZ which is in between both markets. The “path of progress” is to infill the Phoenix and Tucson markets...