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I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...
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Hi BP! My wife and I are looking for some advice from the real estate community! My apologies if this is not the right place to ask (this is my first post). I'll start with our goal, which is to free up or access abou...
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A lot of people want to use REI to escape their 9-5 and replace their W2 income so they can live the life they want. That leads to the reasonable question 'I need/want $7/10/15k/ month in free cash flow(FCF) from my R...
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Hello All,Per the title, I am looking for opinions here. I currently own one rental property with a bank mortgage that I purchased at 21 yo (just over 2 years ago). Here is the dilemma - after we purchased this home, ...
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Some time ago, I stopped contributing to my day job's 401k. I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...
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Hi,I am not a real estate investor and the extent of my real estate experience is owning my own primary residence for which I have a mortgage. I have a unique situation where a long time family friend inherited a sin...
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Good morning Bigger Pockets community.
I wanted to get your perspectives about my criteria's I am currently using trying to rent out a 3 bed row home in a "C" (blue collared) neighborhood. Every day for the past mon...
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Roughly 5 weeks ago I lost my job due to COVID. I originally had a plan to get my real estate license and use that as side income alongside my pretty well paying job. Since I lost my job, I was able to pull up my real...
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Hello All,I am a 20 year old getting finances in order and mindset to begin investing post college (get w2 income for qualifying through banks). If you could go back to your 20 year old self what would you tell yourse...
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Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you