Hi BP community,New investor looking for some help creatively structuring a partnership. I'm looking at making a purchase with a long time friend. We'd each contribute equal capital into the partnership, but our compe...
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I just finished reading Ramit Sethi book called “I will Teach You To Be Rich” I loved the book currently applying steps in the book. My only issue is its not really real estate investor friendly. He mentions his ladde...
I’m new to real estate and on course to get my license but I came up with an idea on using funds from my 401k to purchase an home so I can rent out to tenants. Thoughts and feedback pls!
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I recently met up with an old acquaintance. He has flipped several SFHs and I said we should partner sometime since I’m just beginning. He proposed to me that he’s going to buy a house and I contribute $25k of the reh...
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Seeking a bit of guidance on SDIRAs. Background: I own a handful of properties in Maine and am looking to grow my portfolio. My grandmother has a sizable IRA and is becoming more and more apprehensive about her tradit...
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Hello all,
closing this week on a triplex in muskegon, opened up an HSA account, set up an LLC to buy the triplex owned by the HSA , my property manager will manage the triplex. I have a high deductible health insura...
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Can 403K Funds be used as Self Directed IRA if I'm still employed by the same employer that originated and implemented the 403K plan?
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Can I defer income to 2018 where the tax brackets are more favorable than 2017 by doing the following strategy? I don't want to tie any more money up in tax deferred accounts, but if I make a deposit to my sep-ira or...
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Desperate need of help on understanding how to make a fair agreement for the both of us.
some details:
buying a fixer upper home with some immediate concerns.
I am putting $41,000 down payment on the home, coverin...
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Hey everyone,
I recently got my Real Estate Agent License in California. I am based out of Vacaville, and I also flip homes in the surrounding area. Additionally, I invest in Arkansas. I am still somewhat of a novic...