I'm unclear on this and have not found a definitive answer through google searches. The IRS allows you to buy real estate with your IRA, with some very specific rules for doing this. However there is one rule which ...
I'll be honest. Up until this week, BP has been a great resource, but it has not lead to a lot of direct deals. Two, in fact. Neither of which were for me, but for my father's retirement. Those were good deals, an...
Hello BP community. It's great to be part of this amazing group. My name is Brian Nopper, currently living in Castle Rock, Colorado which is located south of Denver. I am a retired USAF officer/pilot, currently wor...
My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
Well, they got caught, Barclay, the Bank of England manipulating the interest rate of the London Inner Bank Offer Rate (LIBOR). This is the rate charged for borrowing between banks internationally.
If you have an adj...
I know this title may be a cliche by now, but that is where I am at. I have learned a lot about RE investing over quite a few years, including how not to rent your former personal residence [included a nightmare tenan...
I currently own 10 units (2 duplexes and a 6-plex.) The duplex I just purchased vacant and it needs some cosmetic work. The 6 plex is currently only 50% occupied and 2 units need some thorough renovating (all new floo...
Hey guys, I have something I have been pondering about for a while. It seems that many people are scared to take the dive into real estate due to the risk. Now I know that this has been discussed many times over, b...
ok so a year ago I formed an S corp with a partner in hopes of investing in RE. Then the shit hit the fan and there is yet to be a bottom... I got into this with hopes of purchasing cheap foreclosures and REOs but my ...
Hello All, If you click on my profile you will see I use the Stock Market to raise funds for my REI. I want to share some insight on trading your way to success. I cut my teeth on FOREX trading and moved to Stock Inve...