Jon Quijas
9-5 is Draining My Life. Need Wisdom for Financing Next Step
Hey Team, My wife and I are teachers/trainers and novices when it comes to real estate. We own two properties (1 rental and 1 primary residence) in one of the hottest real estate markets in the Bay, San Jose. Wanting ...
Marquis Harris
Should I cancel my 401k?
Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...
James Felder
Should I sell my rental property?
I'm a new member and would really appreciate everyone's feedback. I purchased a condo in 2010 for $155k. The property was a foreclosure. In 2005, the original owner purchased the condo for $305k, but foreclosed on th...
Brent Fisher
How can I leverage college money for an inv. to afford college?
My daughter wants to go to NYU. It's $55K/year (oh my). We saved up $25K for college, so we are short! However, I have a $250K of equity in my house in terms of a HELOC that has a 10 year deferred payment option at 3%...
Mark Rocka
Can you BRRRR into an LLC?
I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
Jeff McMahan
Rollover for Business Startup (ROBS)
I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
Mike Sattem
I bought a negative cash flow property, and it's a good thing I did!
First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
Account Closed
How to manage SFRs without a property manager.
When I began investing out of state, primarily in Austin and Dallas, I hired property managers to help manage my SFR properties.When investing in SFRs, you're dealing with very small numbers. For this reason, (1) und...
Marisa R.
What is the income want to achieve for FINANCIAL FREEDOM
I am sure everyone has a different view on this topic and of course it's dependent on what your needs are.Some perhaps will want an overseas trip every year, wining and dining every week, some toys along the way and...
Rudy Hernandez
Do you invest in IRA and/or 401k any more?
Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...