Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,838+)
Steve S. Trying to achieve financial freedom - WHAT NOW?
7 September 2017 | 19 replies
You could refi your 50% equity property to pull out more cash and use that and the $200k to buy more rentals or to invest as you like (Crowdfund, syndication, stock market, oil, metals, start ups, etc).
Matt Geerts Generating leads without lists or mail?
8 September 2017 | 15 replies
I just had a great conversation with a local metal scrapper.
Account Closed Preparing my rental for Hurricane Irma
10 September 2017 | 4 replies
Should I put up plywood board or corrugated metal sheets to protect the old windows (house was built in '84 and has original windows)Regarding upstairs unit what precautions should I take when finding someone to put up the board or metal sheets? 
Dave Whittaker Turnkey homes through investment companies
19 September 2017 | 16 replies
A new coil for an air conditioner would cost $2K-$3K, good luck getting even break/fox plumbing work done under $1K, etc.
Sam Miller Starting from scratch with a Self Directed IRA or Solo 401(k)-
8 September 2017 | 8 replies
@Sam MillerFollowing 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 (Checkbook IRA) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Monte Blunk Will you help Analyze a deal for me?
3 October 2017 | 10 replies
At some point, you'll have to replace roofs/water heaters/ furnace/ AC coil/ upgrade kitchen and baths and the rental income needs to be able to support it.Property analysis should include PM.
Zachary Peacock Best practices for durable window treatments for renters?
11 September 2017 | 5 replies
They have a much better metal bracket than the usual cheap blinds for a couple of bucks more.
James Edwards MHP Pricing Question
12 September 2017 | 1 reply
Property also includes a covered/RV hookup spot, a large metal shop building and a car port/garage next to the double wide. 
Rj Kro Thoughts on an industrial property purchase?
22 September 2017 | 9 replies
Block construction is solid (better than metal but not as desirable as concrete tilt), im assuming it was built in the 70's?
John Knisely Oil to Gas Utility Conversion
15 September 2017 | 7 replies
For AC, you need separate ductwork for supplies and returns between the units, separate blowers, and you also need separate cooling systems - condenser and coiling coil; you might be able to use mini-split units to achieve that.For hot water, you need the piping separate for the hot water, and then you will need multiple water heat sources with one per unit.