Jason Young
Cashing out 401k for rental
Hey BP fam,
Hoping to reach some savvy investors with this question. So I decided to close my old 401k from a previous company. I was going to move it into an IRA.
When I talked with my IRA rep he says I shouldn’t ...
Marshall Shen
2008 vs 2020 - apply lessons learned?
2008 and 2020 are both years with unprecedented events that impact the economy, and hence real estate.History repeats itself, so are some lessons learned.For real estate investors who have lived through 2008, my quest...
Kim Hud
Deal or No Deal: Fourplex in Virginia
In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
Jeff Sheraton
Online Note Buying
Is there an MLS equivalent for buying and selling notes? It seems like each website has different notes, it would be ideal if there was one central location that all available notes could be found.If there is not wha...
Amy Thatcher
Eviction at Christmas: Scrooge or Good Business?
I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
Michael Temple
Rental Market is Untested in a Recession
I came across this article this morning in the Wall Street Journal. Hopefully, everyone can get to it without hitting the paywall. https://www.wsj.com/articles/t...Just in case you do hit the paywall, I will do a quic...
Alan Asriants
Thoughts on Buying homes for their AirBnB value?
Hey BP, I have been talking to a lot of investors purchasing for AirBnB and even headed out west to see some new construction being valued for its AirBnB potential. Do you guys think this kind of investing (STR) is su...
Tamir Alush
Being sued for security deposit
I bought a small multi-family about a year ago and inherited a terrible section 8 tenant who constantly complained to Housing dept. about every little thing and made my life hell... Her lease wasn't extended and she v...
Brian Beck
What would you do? 50 year old starting the journey
I am 50 and have a goal to replace my income, or at least a lot of it by 60. My wife and I have strong W2s and are closing on a 300K HELOC this week. We are in process of building an Airbnb (Den Modern Cabin in Adir...
Alicia Marks
QOTW: Are you seeing any new trends in your local market?
Welcome to our question of the week! While we may start to feel that there's a rollercoaster ride ahead, we have something many investors don't, a great network to help us grow and learn!
Have you noticed any new tr...