John Thedford
Solo 401K And Ubit Questions
I started doing private lending in 2012 with my Solo 401K. I has been a steady source of income into the retirement account. My CPA states this actions falls under UBIT? I have been led to believe it is not and does n...
Larry Ott
Surprise! past due HOA fees after purchase
I purchased a foreclosure property in Florida at a Sheriffs Sale. At a Sheriffs sale there is no guarantee of a clear title, I searched the online records prior to the sale and found no glaring issues. Immediately aft...
Cyndi Hong
Purchasing a property with spouse.
When buying an investment property would you advise to sign as co- signer with your spouse? Or have it on one spouse name then move it to an LLC?We want the to be able to have more buying power later this year as well...
Jim Bowser
Can you do a short sale in a redemption period?
I had always thought you had until the end of the redemption period in redemption states if no one buys at the auction. I had a short sale pending with Shellpoint and they wouldn't postpone the auction, it was held a...
Nick Apada
After Foreclosure Auction of First Loan-HOA asks for payment...
This is a FLORIDA related question. I usually stick to SFR's but now with the thinning inventory, I started getting into some condos. Recently I bought a unit on the county auction. It was the first note (no junior se...
Han Oh
Buying a 2nd lien note with owner in bankruptcy
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
Terrance Wiggins
Lend me your you ear please
So I am a 24 yr old residential construction worker here in Newark nj. I want to do two things. Create an llc and start a side business for myself that I can do alongside my day job. The second is to invest in rental ...
Luan Ademovski
Real Estate Journey
Hello Everyone!My name is Luan Ademovski and I'm currently a junior at The University of Iowa studying Marketing. Home for me is Arlington Heights, IL. I have been really passionate about real estate starting last yea...
Sorin T
China Uneasy About Proportion of Holdings in U.S. Treasuries
I think it's surprising nobody finds this worrisome:
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/13/AR2009031300703.html?hpid=topnews
Any comments?
Robert Sprague
Llc vs umbrella policy
Hello just looking for advice on purchasing my first Sfh rental investment property with regards to setting up an LLC or getting an umbrella policy and making sure the property is maintained. Seems llc triggers a comm...