Christian Rodriguez
Can i take out all of the money out of a 401k account ?
Still working on finding my first deal but luckily have found my market ! Now i have been tasked with helping my mom invest the money in her 401k account, I was wondering if there was a way to be able to take out 100%...
Brandon Hill
Renting out units with unpermitted work?
I bought a major fixer-upper in Chicago a few years back. I completed the rehab in 2021. I got it all done without a permit including electrical, plumbing, HVAC.
Okay. I know. I know. What I did was not exactly best...
Patrick J. Mayo
Diverse STR locations
I'm new to real estate. My rookie brain would like to pick 3-5 areas to purchase STRs that compliment each other so that one area is cash flowing when the other is not. Like a summer beach house and a winter cabin. Is...
Ersi Bice
How BAD is it investing in the ghetto?
So obviously the "hood" is not the ideal place to invest in rental properties but how bad is it really? Can someone brake it down for me? What are the Pros and Cons and do the Cons out way the Pros or does it depend?...
Anthony R.
STR Self Managers - What's Your Monthly Mgmt Costs?
Hi All,
Things are moving forward with getting my STR up and running by end of next month. I'm still on the fence about self-managing remotely vs a local PM company. Those of you who self-manage remotely, have you ev...
Frank C.
conversation with realtor about Park City condo
I took my family to Park City for a ski trip this year shortly after I read Rich Dad, Poor Dad. The condo we stayed in was great. It seemed very well managed. I have been thinking about buying a rental property the...
Timothy Nelson
New to this and appreciate ANY input!
I have the opportunity to buy income properties from a company called Strongbrook. I have come across BiggerPockets (thank goodness) and have read a forum on Strongbrook that has made me wary. I too have had some...
Sarah Jones
all cash purchase questions
I am trying to buy a house the house was listed at 190 and it went to escrow at 210k, it fell out of escrow becasue of some title problem the neighbor said they can park their cars in the park space and it was on the ...
Joe Demonte
College Degree.... Is it helpful? (want your opinion)
Hey BP Nation! I wanted to get your 2 cents on whether or not you felt it is beneficial to have received a college degree (preferably financing) in your investing career? I believe college degrees are great for people...
Dave G.
Calling all CPAs - Depreciation Recaputure Tax Rate
I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...