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How exactly does house flipping work?
What are ppl's thoughts on Required Minimum Distribution (RMD) for 401(k)s?
Just read this girl's post about them last night https://www.femaleinfinance.com/blog/maxout401k and why she only maxes out her 401(k) to the company matching instead of full bc it will affect her retiring early. 🤔
Not sure where I stand on it; I was planning to max it out to the max contribution every year, but I have to do some more digging and understanding how RMD affects me.
what can I invest in using my ROTH IRA?
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Additional Posts in The Real Estate Bowl
Any thoughts on this book?
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I think this market is all about risk tolerance (and cash on hand). The high cost of borrowing will make it difficult to find cash flowing properties, and it seems like most deals will come from buying marginally cash flowing properties for 60 cents on the dollar. Our approach is to make our operating systems as efficient as possible and save aggressively so we have cash on hand to take bigger risks in a falling market while managing well.
Always a good time if it cash flows!