Rafael Floresta
Bought 175k condo in 2011, neighbor closed today for 285k. Refi or sell?
August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...
Cody Brown
Why do I keep hearing 401(k)’s are garbage?
I currently work at your typical 8-5 office job. They offer 401(k)s with a match just like every other corporate job. Since being interested in REI, I’ve heard from multiple different sources that 401(k)s are not the ...
Marco Bario
What Are Your Investment Goals?
I live in Southern California where we're lucky to have a number of long-running investment groups. No matter the topic, I enjoy attending meetings to meet other investors face to face. This week I've been busy - atte...
Richard H.
1031 Exchange to Rental then Convert to Primary
Hi I have searched for a bit and can't find an answer to my specific situation.I am selling a rental property and would like to 1031 exchange the proceeds into a new rental property. If I do this and later decide to m...
Jil Tin
Rent vs Sale of current home at our 50s while 12 yrs to Retire
Hello BiggerPockets,Basically we are looking to upgrade our current home to buy a single story home from current two story home of the same size in the same city san Jose. We are aged 55 and 50, we expect to work at l...
Tim Foster
Infinite Banking concept
Just curious if anyone here uses the Infinite Banking concept as a vehicle for holding and using cash for your deals and if so how it has worked for you? Any and all comments from folks who use the concept are apprec...
Roseann Koefoed
Solo 401k for RE Investing
I have a cash flowing MF portfolio (about 80 units) and I will be leaving my corporate job soon to 1) be a better Mom to my kids and 2) focus on growing my RE portfolio. My husband and I each have about $500k in reti...
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Josh Hay
5 Star Hotel in Dubai Sports City
5 Star hotel to be built in Dubai's Sports City. Purchase price of the land is $29MM and there are 2 options for the hotel. If you have not heard about Dubai's Sports City, it is one of the greatest investment opportu...
Jeff Weissman
Can self-directed IRA buy/sell real estate?
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?