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Results (10000)
Evan Bonnell Cashing out 401k due to COVID-19 $100,000 PENALTY FREE
27 December 2020 | 32 replies

Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children. 
We have significant cash reserves and 75% equity in current RE ...

Account Closed SDIRA or Cash Out My 401(k) – Help Me Decide (long post!)
8 January 2015 | 18 replies

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...

Alicia Marks AMA Night: "First to a Million" with Dan Sheeks 1/19/22
19 January 2022 | 51 replies

Have questions about helping your teenager or young adult in your life get on the FIRE path? Join us Wednesday, January 19th from 7-9 CST in the forums for an “Ask Me Anything” with Dan Sheeks.
You won’t want to miss...

Account Closed SBA EIDL Loan went through!! Unlock credit files to verify ident
16 June 2020 | 33 replies

I applied for an SBA EIDL loan almost immediately after they announced it. A few days ago I got a note saying they still have my app and sit tight. I got a 2nd email yesterday saying they were going to process it, and...

Scott Loud Where to park your money between loans
31 October 2023 | 28 replies

Hello, I just got started with PML with one of my retirement accounts.  I was wondering where folks who partake in this business hold their capital when it isn't loaned out?  I would assume a high yield savings might ...

Keith Hebert need pro advice on whether to hire an in-house bookkeeper
15 September 2018 | 10 replies

Hello fellow investors,I need some professional insight. We have several dozen rental properties, flip a few houses per year and are just getting ready to add a new venture with a few short term Airbnb's. I've had and...

Patrick Gerrity 1031 exchange with an inherited IRA?
26 November 2019 | 23 replies

I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...

Anthony Alvarez I Inherited Properties! How do I start? LLC? HELOC? CPA?
21 December 2022 | 7 replies

Hey Everyone I'm 24 years old trying to figure out REI. I figured after searching through forums on BP I'd ask some of my personal questions.
My father passed away unexpectedly and my mother, brother, and I inherited...

Kalyn Williams How do you collect your rent?
6 May 2019 | 43 replies

Hey Everyone, My husband and I are relatively new to being landlords. I am trying to find the most efficient way to send out a notice for Rent and collect it as well. Currently, I send out a formal text message 2 days...

Evan Williams Potential Tenant with Large Inheritance, but no Income
26 April 2021 | 25 replies

I have an applicant for one of my properties who has no income, but a large amount of money in their name from an inheritance.Everything else being equal, would you consider renting to someone in this situation? If so...