Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
Robby Sanchez
multi famiy underwriting techniques
6 December 2024 | 6 replies
Hey everyone, me again, I am practicing underwriting MF deals and came up with a few questions (I am sure there will be more).
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
And even the ones that raise more often only do so several times during the year and many times there is nothing available.So even if you had such a list, it is not really useful in deploying money in the real world.A more practical approach is to see which offerings are currently available and simply scan them to see if they match your criteria or not.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
This is standard practice, but there are exceptions.
Rene Hosman
How to retire early with real estate & other community questions
3 December 2024 | 5 replies
They started the business from scratch in 2003 with a combination of wholesaling, fix-and-flips, and non-conventional financing sources like private lending, seller financing, and lease options—which remains their expertise today.If you had one question for a professional real estate investor who retired themselves by 37, what would it be??
Maria McNally
New to BiggerPockets – On the Path to Multifamily & Small Commercial Investing!
3 December 2024 | 1 reply
I’m still working on figuring out the best strategies and practices, and I’d love to hear from others who have been through similar experiences or have advice to share.Looking forward to connecting!
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
I have been practicing my deal analysis daily, but it's hard to tell if my numbers are accurate without comps.
Kevin Rodriguez
Starting My STR Journey
6 December 2024 | 25 replies
While I've been enrolled in an online course, I've found it to be quite costly and not as practical as I'd hoped.I recently discovered BP through a friend, and I'm amazed at the wealth of knowledge and support this community offers.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
While I’ve been managing my own taxes since college, operating three different properties warrants the expertise of a CPA to ensure efficiency and compliance.
Abraham Berkowitz
Fix & Flip and BRRR in the Scranton area
6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.