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Hi! I moved from my W-2 job to being self-employed. Has anyone found a great company to hold their solo 401K plan, and borrow from it for real estate purposes? I have found "Solo 401K by Naber's Group", they have a...
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Investment Info:
Single-family residence other investment.
Purchase price: $260,000
Cash invested: $15,000
At 20 years old I purchased an off-market single-family house in a highly sought-after are...
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Hey BP community!
I am a new investor that has recently purchased a three family rental property in Worcester, Massachusetts. Although I would love to purchase my second rental property in Worcester as well, the pric...
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Hello, Im debating on going Section 8 or not. I have a duplex that I am the owner occupant of currently. One side is rented out just fine, but Im thinking about putting the other side on Section 8. Ive been investing ...
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I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
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I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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I recently decided to diversify my portfolio and explore real estate. My first buy was 'Financial Freedom' by Michael Blank, which introduced me to the concept of multifamily real estate and raising funds. Who knew? I...
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I am starting to accumulate enough units where if they are all paid off I could "retire" and be more than comfortable. I would love to hear some stories of one the following:1. Their strategy to keep accumulating eno...
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hi all, I have a small home in Riverview, FL that I’m looking to sell. I’m not here to market, plenty of buyers / shoppers. It needs a rehab before it can have traditional financing, so I prefer to sell it as is. I’v...