Costin I.
Properties in SDIRA, good or bad?
Often a Self Directed IRA (SDIRA) is presented as a better retirement and/or investing vehicle, especially for its ability to invest in real estate. This is actually one of the main points in the sale speech of many S...
Elena T.
Bounced Rent Check - Sacramento/Elk Grove, CA
Good morning,This morning I was notified by my bank my tenants rent check bounced. This is the first time I've encountered this. After reading our lease agreement, my husband and I realize we need to add additional cl...
Eduardo C.
Rough Draft of Business Plan
I'm in the process of ironing out my business plan, and would like some feedback on what areas I should focus on. Some of this is me just starting to put ideas on paper, and it's still in its raw form. Any ideas would...
Stephen Dunker
House Hacking Advice Wanted
Hello BP Community,
My name is Stephen Dunker. I am a 25 year old design engineer in Cincinnati, Ohio working towards my PE. I closed on a property in June and am currently house hacking. I will be fixing up a two-b...
Brittney Wright
HELOC for Investment Property
Hi, All!
I just applied for a HELOC with my credit union that is offering a 5 year draw, 15 year repayment at a 5.49% fixed rate. 4.99% fixed rate for a 10 year repayment. I went ahead with the 15 year repayment. Thi...
Jared Threat
Pulling Equity out of your first home
Hi, Bigger Pockets family. Here is my Scenario My wife and I own a duplex that we bought in 2017 for 144k. We live in the 1st unit that was renovated and now we are about to finish and rent our upstairs apartment. The...
James Sanchez
SDIRA/LLC
Partnering with ones self in an IRA/LLC, that is the IRA has 75% stake in an LLC and you have another 25% of credit or cash invested for repairs.So, your IRA and you are the members of the LLC.How can this be done or ...
Daniel Mohnkern
Have good credit OR get a discount?
Fellow BP'ers, I need some advice on which direction I should go from here. For the past year I have been kicking it in high gear in my personal finances by building up my credit in order to get conventional loans on...
Gavin Davie
I think I understand BRRR - someone gut check me.
So - here's a high level run down of how I understand this - and a few questions.Premise - let's say I have about 20k to invest here.Buy - simple, run the numbers, make sure they'll work - in the case of BRRR you want...
Maggie Jones
Eeked out a Success in the Desert
When my husband and I were living in Los Angeles I fell in love with Joshua Tree and the little homesteader cabins out there. We were finishing up DIY remodels of our duplex in LA and fourplex in Pasadena when I pulle...