Dan Knight
Structuring and financing your first deal
Hi all,I am a new investor looking to find a first deal on which to cut my teeth. I have recently come across a fourplex located near a large hospital that employs a significant number of people in a good area that s...
Nicholas Vandervelde
Homepath Pricing is a Joke!
I'm hoping someone can shed some light on a very frustrating problem I'm encountering with Homepath properties in Madison, WI.I'm looking to purchase, as an owner occupier, a single family home in Madison, WI. I rece...
David Chwaszczewski
Setting up a eQRP vs. SDIRA
Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...
Scott Long
Newbie strategy question & Account for Alexandria VA Rochester NY
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Michael O'Byrne
Accounting method, implications for rehabbers?
Hi All,
We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting. For a rehabbing business it may not make much difference du...
David Sanford
Hands off way of collecting monthly rent
Does anyone out there know of a free or cheap online service that their tenants can pay rent and it deposits into your account? I don't want to have to drive to my rentals anymore and I don't want them having my home ...
Eric Andersen
Transferring a lease on a new home purchase - closing Monday!
Hi there,I'm at the final stages of closing my first home :)It's a 2 unit property and I'll be inheriting a tenant in one of the units. I have the estoppel and a copy of the lease. I'm receiving the rest of this month...
Dale Manning
New wholesaler - need proof of funds
Thank you in advance for your time! I am looking at getting into wholesaling and using on market leads to start out with. I know I will need a proof of funds letter for this; my question to the community is what is th...
Richard Olshove
Best Self directed "checkbook" LLC IRA Provider?
All I am in CA and am looking for a self directed checkbook LLC IRA provider for properties I plan to own out of state. Does anyone have any recommendations, good experiences with any firms? Preferably with low setu...
Robert Perea-Martinez
"Dealer" classification while doing Lease Option Assignments?
Hey all, quick question. When doing lease option assignments or when assigning subject-to contracts, are those situations in which you'd have to worry about the "dealer" classification tax-wise? I know it can be a com...