Account Closed
Low cost self-directed IRA (single transaction)
I'm looking to rollover my 401k into a self-directed IRA for the purpose of investing in a note. The holder of the note would use the money to buy real estate but I would only receive one payment annually so there wou...
Ken Nyczaj
How to remove tenants on off market deal
Hey Everyone,My team and I are looking to make an offer on a single family home in Anne Arundel County Maryland just a little outside Baltimore.The current owner has an existing tenant with no formal lease. I've been ...
Greg W.
Tax Lien Investing Tips? Hit me!
Hey Gang,
So I've just become interested in Tax Lien investing as of about 2 months ago and have been reading up online as much as possible to better understand them. However, I do realize that "formal" education is...
Buu Quach
Evicting Squatters
I have a property I just got under contract and the seller has what she called a "squatter" in the house. Initially, the "squatter" was a tenant that had signed a lease with the seller. The lease has since expired and...
Doug Meeuwsen
Seeking help with Partnership structure
I have a potential partnership opportunity with my in-laws and I am seeking ideas and advice on how to proceed with the partnership structure.Market: North County San Diego. I am looking to pick up a single family hou...
Account Closed
One hairy eviction process.. Someone please help!
I'm in a particularly dramatic situation to say the least. Against my better judgement, I allowed my brother in law to move in from out of state with my wife and I. He agreed and was expected to get a job and begin pa...
Nolan Gottlieb
Lending Money as 1st Position tax question...
If I'm wanting to lend money to someone with my private money, for them to purchase or refinance and I'd be recorded as the 1st position lender, would that money be a tax write off? Obviously, the interest I earn from...
Tony Wang
Tenant (CA) Vacated Room w/out notice to LL before Eviction
Hi BP,We have a tenant that MIGHT have vacated from the room rental without completing a final inspection walk-thru that was previously agreed upon. I have knocked on her door, though no sign of anyone inside room fo...
Brian Eddings
Homepath withdrew their counter offer?
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Judah Emory
Building duplex for first rental
I have an idea and am hoping to run the idea across you folks to punch holes in it.Background: I have a full time job as a .gov employee close to my home town and make a decent salary. Job is stable. I have always b...