Miki Sheinaizen
Starting my real estate investment in Pittsburgh
3 December 2024 | 3 replies
I'm happy to answer any questions you may have or connect you with local resources.
Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
@Brandon OrtizFrom my experience, choosing the right investment strategy means aligning it with your financial goals, resources, and time commitment.
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
@Lisa Eisenhauer thank you for your detailed response Lisa.my hesitancy with titan is that they are a nigerian bank. and my hesitancy with solera is that the are pretty new small bank. given how small banks that have failed in the past, i feel more comfortable with going with someone like chase. here is list from fdic of recent failures: https://www.fdic.gov/resources/resolutions/bank-failures/fai...however, since i ran into problems with chase based on what i described in this post:https://www.biggerpockets.com/forums/51/topics/1150830-bank-...i wanted to know who i can go with. so i called solera, firstly the person who picked up transferred me to an IRA LLC bank specialist. when my call go transferred, the specialist was i guess working from home and had a crying baby i could hear. that was my first uncomfortable momemt. i don't accept that from a bank. maybe a small retail company or something.secondly, i asked her if you know how an ira llc bank account is set up and i want to make sure it's set up correctly so i have some questions i'd like to understand your process. she right away asked me who is my document provider. and i was like, what is a document provider. she asked who set up your llc and i told her i did that. she said well we usually work with document provider because it's not a typical llc and is set up differently.i assured that the my llc is not an issue, i do have that set up properly. it is manager managed. i am the manager. my ira is the 100% owner/member of it. then she assumed that my ira is with solera. and i told no, i have it at another custodian, all i want to do at solera is to set up a bank account. and what i want to know is when you open an account at your end, in the bank account who do you put as the owner of llc. she told me well it's a business account that llc owns. and you will be the manager on the account.and i told her, yes, i already know that and that's how it is currently set up at chase. the issue i am asking about is who will be listed as the owner of the llc at your end on the bank acct.. it should be "xyz custodian fbo shaz...IRA" and it should NOT be me. she goes. llc will be the bank owner.i think i had to repeat 3 times that i am not asking whether or not bank accout will be under llc. i am asking in filling out your paperwork for opening the bank account, does it anywhere ask who is the owner of the llc and if so, who will you put. she goes, oh we dont' mention that anywhere but if you did have your ira with us then we will have "solera bank ..custodian fbo shaz...IRA".
Kadeem Kamal
When to 1031 small portfolio.
4 December 2024 | 8 replies
Are there any newbie 1031 exchange resources?
Denny Knapp
How do i know how much the rehab will cost?
7 December 2024 | 14 replies
For estimating rehab costs, check out the BiggerPockets calculators and forums—they're great resources.
Randy Achi
Dedicated in getting into rehabbing, house flipping, and BRRRR
5 December 2024 | 31 replies
Hey Riley, I really appreciate you reaching out and offering to share resources with others in the industry is always invaluable!
Sebastian Bennett
Mentorship Advice For New Investor
6 December 2024 | 21 replies
I think, the first, is understanding your goals, resources, and skill set.
Kevin James
Liable for tenant’s high hotspot cost due to internet setup delay?
27 November 2024 | 26 replies
As a landlord be symethetic to the tenants, and use your available resources to assist when they need it, but do not give into demands for situations outside of your control.
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
We used the broker Stacksource (found on BP resources) and they found us multiple lenders.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Be kind to yourself and feel free to send me a DM if you think that I can be helpful resource.