N.A N.A
Unusual Situation -- advice would be most appreciated
hi,
I'm hoping someone here can provide some insights...I'm reluctant to divulge this information to just any "advisor" whom I don't know well (for reasons which will become readily apparent), so I thought posting it...
Corey Reyment
Cost Segregation Study on a 16 unit and 401K To Reduce Tax
We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
Bruce Runn
Comments about Minneapolis and St Paul rent control initiatives
Wondering what thoughts people have on the very different rent stabilization initiatives on the ballot in Minneapolis and St. Paul?
David Sotomayor
Seeking Advice: Using a Cosigner for Fix & Flip
Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify. I have a cosigner willing to help, but Im unsure whether they must be in my LLC...
Dominic Bailey
Are IUL insurance plans a scam?
I recently signed up for iul. However now I'm hearing stories that they may be a scam or some type of pyramid scheme. Does anyone have any experience with them
Jerry Nelson
Which "Rules" Do You Use?
I'm a newbie just beginning to learn. I've got about $350K to invest and live in the SF Bay Area. I read the beginner's guide on this site and was wondering which "rules" help you the most (the 2% rule, 70% rule, et...
Nikhil Vaidya
Need advice for 1st deal
Hello Guys,
I am from Pune, India and I am new in Real estate investment but I am excited to be here in BP and enhance my skill in this field.
With all my skills learned from BP, I have identified 2 properties in m...
Sateesh Kumar
Passive losses advantageous for Roth conversion?
Hello
i have a traditional 401k from old employer it has little over 100k, I would like to move it to an SDIRA or Solo 401k to make some alternative investments. I also have some passive losses for this year due to a...
Terry McCoy
Newbie in area of Bonney Lake, WA
Hello, this is Terry from Western Washington. I am just getting started into real estate and this forum will be my first resource for discussions. My wife and I are in our early 30's, married for 13 years, and have an...
Denise Tinsley
Forclosure needs extensive renovation
As a newbie I purchased a foreclosed home with cash at $22,000. The previous loan on the home was for $88,000. Comps for similar homes that are in good shape would be around $100,000. I have estimated that the cost to...