Account Closed
SDIRA or Cash Out My 401(k) – Help Me Decide (long post!)
Here’s my dilemma. I have ~$150k in an employer 401(k). My job ends at the end of February. After that my and my husband’s plan is to invest in multifamily rental properties, reinvesting all of the profits as we go in...
Michael Hallahan
"Per Diem" truck driver pay and qualifying for a mortgage.
Im an over the road truck driver, and my company offers a "per diem" pay package. In this pay plan, a significant amount of my pay is paid as non taxed income. In the images below, ive included the documents they prov...
Shilpa Matlock
Market Selection-Ohio-Population/Rents/Property Values
I am choosing to invest in the Ohio markets. I like the cashflow aspect of it and the affordable prices (which lowers the barrier for a newer investor like me who doesn't have a lot of 1031 funds/equity to work with)....
Art Maydan
Buyer Backing Out 5 Days After Earnest Clears - Any Loopholes?
I listed a house and it sold in 10 hours for $15K above asking. The buyer is now backing out 5 days after $5K earnest money cleared. It's my understanding they have 7 days to back out for any reason and get earnest mo...
Michael Nieves
How should I invest 200k?
I'm located in Dallas, I've been looking at several different options..mutual funds, multi-family, apartments, or franchising. I have access to the VA Home Loan, but there's a lack of multi-family properties in my pri...
Joe Carr
Can you just buy a $1m apartment building?
So hypothetically if you had the money for a down payment of 25% on a $1m apartment building. Which is $250k. Say it has 15 units, and makes $1k/unit. Could you just straight up invest in an apartment building? And sk...
Austin J.
Mom inherited 500k, knows nothing about investing
My mom is retired, epileptic, and is very nervous about the money drying up. She is unable to be hands on whatsoever, and just wants something safe that will produce an income stream. What are her safest and best opti...
Tyler Smiarowski
Approach to investing in lower income areas
Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
Louis W.
Dealing with Tenants who are bringing up laws.
Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
Jim Francis
Finding comps
I'm looking for some good websites to use for finding comps. I found
http://www.domania.com/homepricecheck/index.jsp
http://realestate.yahoo.com/re/homevalues/
Are there others that you can recommend?