Isaac Kennedy
Using Parents Self-Directed IRA for RE funds
My parents have some money in their IRA they would like to use to invest in some RE deals I've been working on. We would create an LLC and share ownership. I mentioned this to a colleague and they seemed to think th...
Taylor White
Private Money - How do I make offers with it?
Hey all, So I have several interested investors who have seen the 2 houses that I have remodeled and are interested in lending me private money. Now my only hang up is... What are the logistics of this? I'm just tryin...
Shanty Wu
Estimated development cost on 100~ units (800 sq ft each) and land cost?
I am working on developing a 60% Area Medium Income (AMI), all affordable for a residential building. I am sorting out the number of units. I contacted a handful of developers to get development and land costs. I foun...
Jason Sung
Is it OK to use personal checking account to manage rental income?
Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...
Blake Valdez
I 130k in my 401k i am 31. Smart to use this money to invest?
Just wondering if it's a benefit to me to use my 401(k) to invest in real estate?
Rick Doughty
401k roll over
i just opened up a roth ira in feburary,its only worth $1,000. Anyone know how to self direct it into a real estate investment account? most online site i visited wanted a high fee.one i called wanted between $350-$3000
Joshua Michael Hauman
The Investor's Guide to Private Loans vs Hard Money Loans
If you’ve ever taken a loan from a bank, you know funding can take months and come with headaches. Experienced investors rely on unconventional ways of financing deals. Two methods of this are private money and hard m...
Lenzy Ruffin
Need some options for funding my first deal
I have a property under contract and now I need a funding solution. I have a self-directed IRA that I thought I could use, but I just learned the hard way that there's quite a bit more to it than they tell you when th...
Eric Gabriel
Need New CPA for Multi-State Return
I invested in a fund that invested in several states. As a result, I got a tax bill from my CPA for my business at $1600 (last year $500) and personal $1300 (last year $300).
I have...
-1 rental property in Por...
Jimmy Wilson
Solo 401K Questions
Hello everyone, I have been busy learning from these forums and decided that it was time to create my first post. I have questions regarding the Solo 401K and starting a small business. Here goes:
Where I a...