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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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27 January 2025 | 35 replies
Personally I think Josh himself is innocent but the company definitely is involved in shady and deceptive business practices.
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24 January 2025 | 6 replies
Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.
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11 February 2025 | 20 replies
Hi Aaron - check out our lender page here on BiggerPockets - you can see info and a long track record of strong reviews: https://www.biggerpockets.com/business/page/49Also, sharing links to the 10-Part Article Series we published here on BP on everything you need to know about DSCR Loans - we are fully committed to transparency and providing info/guidance to the BP investor community!
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29 January 2025 | 5 replies
You can find qualified buyers that are small business owners, tradesmen, etc just have someone qualified to do prop underwriting be fore you sign the agreement.
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7 February 2025 | 22 replies
You cannot maintain a business with negative cashflow.
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26 January 2025 | 21 replies
Would your STR business even exist without Airbnb?
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18 February 2025 | 33 replies
The people there I have gotten to know and I will say I distrust them the least of all business people I have ever met!
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24 January 2025 | 9 replies
I have two phones, one for business and one for personal.
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27 February 2025 | 27 replies
Binghamton is starting to see new business coming in too.Where I live Ithaca, NY prices are going through the roof.