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For those that own multiple LLCs, how do you handle the security deposits? In my state the law is the deposit is supposed to be held in it's own bank account and not comingled with any other monies. That could become ...
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I am looking to transfer money from Roller Over IRA to a Self Directed IRA Company to either buy properties, or do private lending, or syndication to MFU deals....Anybody has any recommendations with a company that of...
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Has anyone tried to put a rental property in a RothIRA?
For a RothIRA, my understanding is that your could put cash, stocks, mutual funds, bonds, real estate, as well as others assets.
With a RothIRA, you pay taxes o...
Hey, BP fam!Would love to get everyone's two cents on my current situation. I purchased my first property, a 2 bedroom canal-front condo in Pompano Beach FL, this past August. I bought it for $165k with 30% down, and ...
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We have an OOS property and the property manager is supposed to deposit the rent on the 10th of the month. How quick is your rental income deposited? I didn't realize that the rent deposited in the previous month.Fr...
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Property: Airbnb Condo in MontanaTitle: in LLC (Bought in 3 partners personal names Chris, Tim & Gabe. Warranty Deed transfered to LLC.)Loan 1 - Mortgage: guarantors: Chris, Tim, Gabe (Second Home loan 20% down)L...
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I’m working on getting away from spreadsheets and testing stessa. Does anyone have experience in the STR with Stessa that would be willing to give me some pointers? I’m using a property manager so I only see the net ...
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I am looking for financial tips for my particular situation....I am a firefighter and also a self employed business owner. I work full time as a firefighter in Miami working my normal 24hrs on, 48hrs off. I also work ...
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Hello colleagues,
I just found this site not to long ago and I am addicted!
A little bit about myself (this is my first post on here) I have two rental properties that have been rented for almost a year now, genera...
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Hello all, I'm just curious if I am the only one that has issues with the lenders continuing to question if i have enough liquidity in funding before closing? We have had to extend our closing 3 times because the lend...