8 May 2018 | 36 replies
But there are many other lenders that do care and require anything that has to do with Prior Housing to be settled, thus, the prior landlord gets paid.The point here is that if a tenant screws an investor over, something as stupid simple as including the word RENTAL in the name of an LLC can prove to be very beneficial for the Investors here on BP in multiple ways.

26 April 2018 | 13 replies
This has ALWAYS worked and led to a longer-term trustful relationship built on mutual agreement and professional courtesy.

29 April 2018 | 8 replies
If you take a personal loan from your 401k it would be making 5.75% return, but it you turn around and lend this money to some other investor who needs the money and can make 10-12% return, tax deferred, I think the latter is clearly more beneficial to your 401k and ultimately to you.

13 May 2018 | 7 replies
Weither or not this is ethical is a different topic but it happens and I feel like that's highly beneficial for the buyer.Am I missing something?

17 May 2018 | 8 replies
@Aaron Klatt Thank you Aaron, I understand that is important as a wholesaler to reach a mutual beneficial agreement with the buyer.

16 May 2018 | 0 replies
-Or is it more beneficial for him to sell it through typical financing when it comes to capital gains?

24 May 2018 | 11 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized.

18 May 2018 | 2 replies
I’ve had clients use stock brokerage accounts, mutual funds, etc.

20 May 2018 | 4 replies
I'm curious if others have a tenant sign something when terming a lease early? In my situation, I have a tenant who moved out and said they couldn't afford rent thus breaking their lease. Obviously, they will not be g...

29 May 2018 | 14 replies
If you're planning to exchange your current holdings, say Fidelity mutual funds, into Vanguard index funds, that involves selling Fidelity funds.