Hello Bigger Pockets! I'm looking for some opinions from you. I have an unused 529 plan meant for my kid currently worth about 60k. My kid is 20yo now and decided a while ago that she didn't want to go to college. If...
Money is an obvious requirement in order to live and pay the bills. Without money, working for a wage is a necessary task. Unless someone is a full-time investor, it is likely that the burden of monthly expenses are l...
We are very new to investing in real estate. We have our primary residence and then bought our first STR. What is the best way to purchase more STR properties without going cash broke from all of the down payments by ...
Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
Does it ever make sense to withdraw your money from an IRA before retirement to invest it in real estate? I know there is a 10% penalty plus it is taxed as income, however I would be able to invest the money in multi...
I am unsure if this is the right forum for this post. Apologies if it isn't. I need some advise -
I am currently in transaction (all contingencies removed) for a property. The final disclosure package showed a lien ...
Hello BP Members,I'm new to REI and live in the San Antonio, TX area. Has anyone here on BP withdrawn 401K funds to begin a REI career? I am not talking a Self Directed IRA, as I want cash flow now. Also, can you d...
I am about 65 and thinking of retiring in about a year. I have in the last year bought one house and one duplex (60K and 30K) ($850 rent and $350x2 rent) ( I presently like my property manager.). I have about a mil...
I am assuming many folks on the forum take advantage of tax-advantaged accounts and thus they have to manage what "buckets" to fund when trying to grow their money. Defined contribution plans are pretty popular for t...
I currently have a stale 401k with my last company which I'm no longer contributing too and it's been sitting there for over an year. I have a new job and currently contributing to my new companies 401k plan. Would it...