Hi all!First time poster and new to the REI journey. I've been house hacking my current residence by renting out rooms for the past 3 years and I love this wealth-creation strategy to build my portfolio! I'm looking t...
Hello BP Family!My name is Fernando Angelucci and I am excited to join the community.Here is a little about me and what I want to accomplish:In my lending business, I will be increasing my portfolio to $20M in capital...
If I have a rental business, can I use that income to qualify me as self employed so I can set up a self-directed solo 401(k)?
@Dmitriy Fomichenko @Seth Tandett
I transferred 25k from my SEP IRA to a self directed IRA, read Lonnie's book and decided this was the best way to invest that money. Have many people on here used their IRA for this purpose, and if so, what advice c...
Hey BP, I wanted to get your thoughts on property management. For someone who is just starting out and purchasing either a SFH or duplex to fix up and rent out, would you recommend self managing the property or lookin...
So.... my house is worth 1.3mil. and my mortgage balance is 250k... i have some equity. I've built 3 homes, and I know my way around... (these homes were for myself, my parents, and my sister).... Now.. saw a 2 family...
Hey guys, a newbie here looking for some advice. I'm 21, I've been investing in real estate for 3 years now. I was able to save a good amount of money and purchase a 3 bedroom 2 bath mobile home on an acre of land all...
Please guide me on how to do this deal. Thank you in advance.1. Brother buys an ugly empty fourplex for $150k, then adds another $50k to fix it up.2. 6 months later, property is now fully leased at $3k in gross monthl...
Is there any strategy that allows for a self-directed 401K or IRA to buy a BRRRR property, get cashed out upon refinance, and have the property somehow transfer out of the 401K so that resulting equity and cash flow a...
I am looking at purchasing my first rental property hopefully in the next 30 days. I am considering self managing but I travel frequently with my job. Looking for some direction and advice on if it is worth hiring a p...