Hello [BP] world,My name is Mike. I am an aspiring investor from the NW Chicago suburbs. I'm 29, have a background in finance, a day job I enjoy, and currently have zero real estate experience. I have, however, been r...
Hey there team, So I've talked to some lenders and want to get pre-approved for 100k. Long story short I found a duplex with each unit being sold separately by the same seller whos asking $60k each. Each unit gener...
Hey everyone, I've recently passed my NJ license exam and will be affiliating with a broker soon. I was wondering if you guys and gals had any advice for a new real estate agent looking to hustle his way to success. A...
Do you guys use electronic/bluetooth lockboxs. We've been using them for about 2 yrs now. We can send potential tenants temporary code to view our homes, it's very convenient. I'm always kinda worried about theft or v...
My son just got accepted to the Blinn Team program through Texas A&M in College Station starting Fall 2019. I'm considering buying a 4 bed condo for him to live, and rent out the other 3 bedrooms. Does anyone ha...
Greetings everyone!I'm Jason and I currently live in Las Vegas however I won't be investing here just yet. Sadly, my current job doesn't pay me enough to qualify for anything within the parameters of how I want to beg...
I have a question on borrowing from ones 401k:
When I borrow say 50k from my 401k and pay it back do I lose my position I originally had in my investment? In other words say I owned 2000 shares XYZ fund at 24.00 per ...
Hi all,Just found this great site. Wish i had found it years ago. I have a MU 5 unit building that is receiving an unsolicited interest. So thinking i might sell if it's "an offer i can't refuse" i am going to meet...
Hi all,I'm new to Bigger Pockets but not to real-estate investing. A native New Yorker, I began investing in 2004 and have 3 properties in Baltimore, MD. Problem is that the last property I purchased in 2011 is a com...
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...