Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?

Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...

Ucla recently covered this topic. LA has 85 hoods and the population is predicted to grow 30% by 2030. The city is looking for solutions to help with the housing shortages including allowing granny flats in backyards....

Which option would you pick, and WHY?? Also, if you can think of Option C, you are a rock-star! :)So, condo is 2 BR, 2 BA in North Pacific Beach area in San Diego, CA. Great location, walkable to the beach. I bought w...

Hello everyone. I'm new to the forum and have enjoyed reading everyone's posts on the subject.

I'm wanting to get started getting my feet wet and REI and have about 40k in cash that I can spare to invest. Rece...

Have seen it suggested that buying a mix of investment properties and notes is a preferable investment strategy. It makes sense but it seems people have their reasons for going one way or another.

Having only investe...

Hi All,I'm a super newbie, and I've come across an opportunity to invest a small chunk of change in a development. This seems to be a form of syndication but I want to be sure it's legit and potentially profitable bef...

Hi guys, I’m 23 years old and currently have a rental condo. The HOA has been raised to $330 a month so I plan on selling it and reinvesting what’s left after paying the debt off... I plan on buying a SFH or a multi f...

Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Let us know what you think in 50 words or less: What freedom will real estate investing give you, and what do you hope to do with ...

I'm curious if anyone has run a comparison of the returns on a Self Directed IRA versus simply using after tax cash.

So funding a SDIRA has an obvious benefit, tax savings. With all the deductions and credits, etc e...