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I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...
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I am working with an investor that is spending big money on employing his trades people for reno and repairs on his commercial properties. He is considering letting them go because of the costs involved and hiring out...
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Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...
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I am currently analyzing an off market deal in a small college town, that is currently operating as college housing with a "rent by the room" style.
In order to make this deal work need to use my own retirement fund...
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I just purchased my first two apartment building via syndication last year and we collect a 2% asset management fee. My CPA is now telling me that this asset management fee will be subject to self employment tax. I ...
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OK, I have seen a few strategies, but I figured I would open this up to the forum to see how others would do in my situation.
If you were 44 years old and had the following assets, what investments would you purs...
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Hey everyone,
So I’m a newbie real estate investor and am looking to buying a nice little condo or apt somewhere in a major city in Texas preferably (Dallas has been my #1 option). I have no clue how to get started. ...
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Hello All,
I'm a real estate investor in NY state with 5 units currently and 2 more under contract. Looking to transition from my day job into real estate full time as a realtor. However, the problem I'm running into...
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If I have a Solo 401k funded at $200k and a traditional (company ran) 401k funded at 200k also, can I take $50k loan from each to have $100k for a downpayment on a rental property?
I have someone applying to my property, and they are here in the US on a work Visa. I do a rent by room strategy, and I use a tenant application platform (Turbo Tenant which I love) but they're having trouble inputtin...