Mark Wialbut
Funding an ADU via my SDIRA's LLC
I have an LLC under my SDIRA. Can the LLC finance an ADU on my property with rents paid to the LLC? Then could those rents fund disbursements to me from my SDIRA? In other words, I want to invest SDORA funds to pay ...
Ali Senchenique
Security deposit and rental income question
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
Aaron Litzenberg
Initial Partnership Funding
Hello, BP!My partner and I are researching and putting together plans to become REIs. I think our plan will be to start by doing a couple of flips to build capital and then incorporate rentals to build wealth.Our ini...
Jon De Jesus
Short on closing costs
Hi BP Community, This is my first post and I need some advice. I am working on getting my second long distance rental and I'm short on closing costs. I'm in contract, the property is located in a small mid-west town ...
Lara Taylor
Private money question
Hi BP members,I have been talking with a private investor about investing in my next project. He is wanting me to pay the attorney fees for the contact and documents. I do not have a problem with that at all and I am...
Zachary Thompson
Tax implications of an angel investment into my LLC
I have a single member LLC (sole proprietor) and I'm wondering if I must pay taxes on an angel investment? I intend on withdrawing most if not all of the initial investment. Thanks!
Camille Spinelli
Help with Fund and Grow
My husband and I went through Fund and Grow to get cash out to purchase investment property. They told us to go through Plastiq to pull out cash. After speaking with plastiq, we were told only 2 of the 5 cards could ...
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Madelaine Au
Fund & Grow Membership
Hi BP folks!I recently signed up for Fund&Grow. I'm looking for someone to partner with someone on the membership. As a young investor the up front fee is a little much for me to swallow at $4,000. However, if I c...
Matthew Crivelli
The market is not in a bubble
I see people every where saying we are in the middle of a real-estate bubble. I also see people working as reps for hedge funds trying to buy up as many rentals as they possibly can.Ask yourself this question. Why wou...