If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%.  ...

I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...

Hi all,

How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?

I know there are penalties for withdra...

So for someone that is not familiar with Airbnb or short term rentals is a property manager with a super host status a good fit? So as a newbie on short term rentals I would probably manage the Property initially less...

Hello BP,I have listened and read many stories on BP of how people buy a property, fix it up, cash out and use the cash to buy the next - like a BRRR. However, I am having trouble which is frustrating. My income tax r...

I am curious if anyone has worked with or had any experience with this company?  Not much on them in the forums.  I would appreciate your feedback if you have thanks.

What would be the first thing you would do if you had about 40k cash to start investing?  I currently have about 20k in a business account and have a partner that wants to put in 20k.  My father owns a contracting bus...

Hey BP Family - This morning BiggerPockets was attacked by what appears to be some kind of network of spammers, including folks from Korea, Hong Kong, Southern California and elsewhere. This may have been a simple spa...

I closed on a fourplex in early June and just received the water bill and it's $711.40 for the period of June 5th to July 20th. This threw my math off. How can I get this under control??? Is this expected? I have a du...

So I've scoured BP and the web on self-directed IRAs and have gotten a bunch of useful information. Unfortunately the information I was able to find was mostly on setting one up and general guidelines on how to operat...