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...
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...
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...
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...
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...
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)
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...
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.
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 ...
Hi everyone! I’m hoping to get some advice as a complete newbie to REI. My family owns a 3BR condo and we’re planning to downsize to a 2BD condo. This would leave us with about 300k surplus cash.
I have been readi...