Wenqian Guo
Starting out with 200k in Bay Area
Hello! I have around 200k willing to use for investing. I can’t decide if I should look for a place out of state as rental or pay down payment for a house in bay area(where I live) and rent part of it out. Or purchas...
Daniel C.
Better way then cashing out 401k?
At first read, I’m sure the amount of reasons not to cash out my 401k will be many, but I want to give context and see what you guys think.
I have about 250k in a past employers 401k. My options with it are to cash ou...
Joey Gorombey
House Hacking w/ Negative Cash Flow?
Hi All,TL;DR -- How do I evaluate properties that I will house hack? Should I look at the property holistically, or with only one unit of income? I'm interested in house hacking, and subsequently purchasing multifamil...
Sean Cager
Making a triplex out of a single family house
Hey California investors and homeowners. I'm considering buying a sfr and converting it into a triplex by adding adu's. I'm just curious to see how it has gone for those of you that have already added adu's to your ...
Nick Klomstad
Pay Off Mortgage or Invest New?
Hi All,In 2013 I purchased a 153k personal residence in Menomonee Falls, WI: A SFH with 20% down and designs to stay. Instead, I was offered a better job and relocated to Chicago only a year later.I decided to rent it...
Brian Nordman
Is Whole Life Insurance a smart investment to diversify?
Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...
Noah Mellor
Buying out of state
Hello BP comrades. I have been listening to BP for the past four months. I am a Plumber by trade for the past 19 years and for the past year have moved into the design department with my company in designing the plu...
Daniel Bowden
Young Newbie from Philadelphia area seeking all of your wisdom
Hi everyone, my name is Daniel. I'm 22 years old and I just graduated college and now have a full time job which earns me about $60k a year which I hope will be enough to get me started in investing. I have about $20k...
John H. Hill Jr.
Which way should I go... 401K or HELOC?
I'm currently trying to decide on if I should borrow money from my 401K or use a HELOC. Please share you thoughts!Let
say that I'm able to use my 401K to borrow $30K. The other alternative
would be for me to trans...
Mike Heu
Does this deal make sense?
Hi everyone,
We are currently living in Queens, NYC but are considering a move out of state (getting tired of the winters, high cost of living, need more space for our growing family).
One of the things we are cons...