Hi Everyone, I am just starting out in the real estate investing game, by just starting out I mean still putting together funds, and I have a question regarding Self Directed IRAs being used under an LLC. I would like...
Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...
Hello,I've just recently found this community a little over a month ago and have been listening to the podcasts non stop ever since. In my hunt to acquire as much knowledge as possible as a 24 year old and recent coll...
Hello,So I'm brand new to REI and in fact cannot truly put the "I" on the end of that acronym yet. So far I have just been researching and trying to take in as much information as possible. I realize that you study al...
Hey everyone,My wife and I are hopefully closing on our first BRRRR deal and I had a question for those who are rental investors. Where do you keep the money from rent that you set aside for expenses? Do you set up a ...
I am under contract for purchase of my fifth investment condo in Chicago. I have hit an unexpected issue on financing, and cannot qualify for a traditional mortgage (bad move filing 2017 taxes under schedule C!)I woul...
New member and appreciate this forum. I am interested in using IRA savings for starting out with rental property(s) with a goal of generating income that can feed my retirement savings. My portfolio up to this point...
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Happy Wednesday all! I am new to BP and have recently taken a dive headfirst into learning all about REI and how I might be able to leverage some of the investing strategies to create passive income into retirement. F...
Thought I would introduce myself to the great members of BP! I have been investing off and on for about 8 years now, buying and selling, doing rentals, lease options, fix-n-flips and whatever comes along. With the h...