I recently heard that they have a 5 or 10 years retirement plan but I also heard from members that the cashflow is small. A member in biggerpockets said that he make $10.96 the first year in cashflow and around $2k...
Preapproved for $500k looking to buy 1st house hack duplex in Austin TX or neighboring areas. When I run the math it’s always a huge negative cash flow… and I don’t have many options within my budget for places in nic...
Has anyone heard about or join [b]New Wealth Advisor in Riverside? I went to one of there meeting and was gonna join but as i was making payments to take the 3 day class. I kept find info about it being a scam and ano...
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Would any members here be interested in a meetup in or around NYC? I know there are quite a few of us in ct, li, north jersey, and westchester so maybe we can make something happen in the next few weeks.
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
Hey BP,I'm looking at a duplex about 30 minutes outside of my hometown and right now, it seems too good to be true. This would be my first investment property & I was hoping to get some feedback on the numbers to ...
Hello All,I've almost been getting more and more confused the deeper I go into the self directed Solo 401k/IRA information.I have 3 accounts from my past employment that include a 401k, a Safe Harbor IRA, and money in...
HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...