Hi and thanks for reading. I will try to be as concise as possible while providing as much pertinent info as needed.I am the only child of my parents, aged 69, who have done quite well amassing significant retirement ...
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Something I used to believe whole heartedly, several years ago was that the 401k is a scam. Tons of books on Real Estate preach that to the masses, which can unfortunately be terrible advice for those in the middle. B...
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Why don’t I purchase a house under my LLC then overtime sell it to my personal retirement IRA at a discounted rate. Or if that’s not allowed sell it to a friend who will then sell it to my personal IRA at a discounted...
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Im finding myself faced with the decision to reduce 401k deposits in favor of putting aside money for a down payment on a primary residence so i can get a house faster. I currently live in an apartment.What are your t...
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We are in a contract on a 4plex home which we are buying for cash we obtained from a legacy gift. I've owned property since I was 19 years old, and over the last 8 years I have owned rental homes- being the accidental...
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I am currently trying to learn the basics of real estate investing. For a start, I'm about to read Brandon Turner's "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". Up next in my readi...
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I think this is a good primer for anyone in the market for a short term rental. Feel free to jump in and discuss.
But I thought this was turnkey - what's with all the delay? (biggerpockets.com)
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My brother and I own together a few LLCs which generate 200k to 300k profit after expenses, per year. These are for commercial real estate we own. We have been passing this profit to ourselves as a K-1 distribution. W...
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Has anyone first gotten into REI after they retired? (And by "retired," I mean you're of the normal retirement age of 60s-70s.) I'd like to hear about your strategies and experiences. Thanks.
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I am in the process of selling a piece of farm ground. I want to diversify as well as keep this money in tangible assets. I'm 62. All of our income at this point comes from pensions, annuities, etc. Am I crazy to be ...