Sydnee Gross
Purchasing property via 401k loan?
Hello! I’m looking into investing in RE but having difficulties with hard money loans. Have any of you purchased property via 401k loan? What are your thoughts on this ? I invite any and all comments and recommendatio...
DyQuan Bowers
Buying Smaller Properties First
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Ben C.
Holding for a year vs selling before a year
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
Kurt Kline
Hello from Irvine, CA
Hello BiggerPockets,I recently had the epiphany that I am not going to be able to live the life that I want to lead if I just continue putting the typical 8-10% into my 401k. I am 23 years old, a 2014 graduate of UC I...
Tausani Ah Chong
New Member from Auckland, New Zealand
Hey guys :)I am 23 years old, hailing from New Zealand, with no experience in REI. I was introduced to Rich Dad Poor Dad last year, and other various books by Robert Kiyosaki. I never really took any action, until now...
Jason Wilson
Transferring Dad's property into my name.
My dad bought the house for a dollar and I was planning on buying it from him for a dollar as it is a vacant property that needs over 70k worth of renovations to make it livable. He does not have the desire to get a ...
Rob Bianco
Owning in Cash (Need Advice)
I own 4 properties (3 duplexes / 1 fourplex in B grade neighborhoods) in cash. So far I've been relieved to own them in cash because the first 12-16 months I had to fix/replace/upgrade a lot of things that the previou...
Janosch Spohner
Starting an LLC as a tax shelter
So what I understand from the things I have read so far is that an LLC is a separate entity that can protect you from lawsuits and allows you to take advantage of different tax write offs. Also, LLC's only pay taxes o...
Jared McCullough
Review my BRRRR situation...Please
Hi,I am new to BP and generally new to real estate investing although I have some family members to lean off of who have a handful of SFR. My original investment strategy was built off of buying county tax sale proper...
Carter Trombley
Looking to grow my career/portfolio
Hello BP, I have been in this mental loop and hoping for some advice, I am 19 years young and am currently in a partnership on 2 commercial properties located in Buffalo NY. I want to keep in mind that I do most of t...