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I was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
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I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
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I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
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Hello, I love this forum and the sage advice. I'll try to be short and to the point.
Purchased for $310k, 3400 sq ft beautiful brick home with separate entry/laundry/kitchens. It was a bank REO. Upper level has wo...
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I went with a Property Management company to do my tenant placement. Should I have tried to stay the course and do so myself?This is my first property needing to find a tenant for. I completely renovated the house ove...
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My lender called me yesterday and said he had A deal for me. A developer he knows is starting a new development and needs some cash to build a spec home to sell future homes. The homes would sell for around $200K...
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Success has a different meaning to different people. What does being successful personally mean to you?
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I'm looking to invest in rental properties in the Indianapolis area but my search has been tough especially with the low inventory in Indianapolis. Especially for properties in B/C neighborhoods that generate good cas...
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Hi everyone on BiggerPockets!I am currently working as a Software Engineer in Seattle, but I can't picture myself grinding away in this career the rest of my life. I am looking for a way to generate passive income so ...
Hello BP –This is Maurice…I am very excited to finally become a member. I have been listening to the podcasts for a while. I have been investing in residential real estate since 2002, primarily single family homes and...