Gary Onstad
Self directed IRA
I'm having trouble figuring out how I would manage a property using funds from a self directed IRA. If I use an IRA I have a transaction fee ($35) every time it writes a check. So $30 to mow the lawn becomes $65 expen...
Lara Thatcher
Allow Dutch German shepherd dog in rental property?
Hi all, I’m in a bit of a predicament. I have very qualified prospective tenants but they have a Dutch German Shepard dog. Female, 54 lbs, vaccinated, potty trained and “very sweet”. I’ve only ever rented to people wi...
Brandon Cook
bought a house in Detroit BLIND
Just wanted to get an overall take on where im at so far. Heres the details. Bought a house on the eastside of Detroit on Tacoma and Hayes for $5200, 3 bed 1 bath, single car garage . Put about 4000-5000 in it to get ...
Sophia Maler
New investor with cash
I'm new to the world of investment. My goal is to break free from the "cubical nation" by learning real estate investment game. I looked at lien certificates and deed investments. I need some help understanding how to...
Joon Hui Yoon
the best location for duplex/triplex/quadplex investing?
Hi all,I am going to start investing in rental properties from this fall/winter 2023.I have a full-time job and will keep it so my strategy will be as passive as possible, such as buy-and-hold.with 7.5% mortgage and m...
Michael Lauther
How to deal with wholesalers
[b]I have made an offer on a property through a wholesaler. Is there any reason that we can't just close through the title company with the current owner and have the wholesaler paid from the owners proceeds. I would ...
Lance Cummins
Debt Free Investing
Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Sameet Koppikar
Is it worth buying real estate through your SDIRA?
HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
Karen M.
How do YOU view debt???
Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...