David Orr
Solo 401k funds held at Wells Fargo... inactivity is a problem?
I have a solo 401(k) and the funds are held in a business checking account in the trust's name at Wells Fargo. Apparently Wells Fargo is the most popular bank to use for this. I just found out that if I don't make a...
Troy Williams
Remote maintenance and emergency services?
Any remote property owners who have had success hiring regular maintenance and emergency services?
To clarify, I'm not talking about property managers, but rather teams focused only on regular ongoing maintenance, em...
Jacke Draper
Solo 401k House Purchase using an LLC - IRS constraints
I have a solo 401k plan and want to use this and a non-recourse loan to invest in a rental property. The property I'm looking at needs a lot of work and so will not qualify for a loan. I can purchase the property with...
Patricia Andriolo-Bull
Stessa - 179 deductions
Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
Sanju Walia
Looking for investing in small apartment loan
Hi Team,Any lender references to get small-apartment commercial GSE-approved loan?Thanks,Sanju
Account Closed
Can an investor help facilitate a short sale?
Greetings BP,
I have a grass roots lead in a very nice neighborhood in Portland, OR.
The homeowner hasn't made payment in 4 years! The unpaid principal balance represents just about my exact MAO in orde...
Kenny Simpson
Commercial loan credit crunch and illiquidity?
commercial loans started to slow down big time in 2022 with the rise of rates. Deals started to make less since to buy, finance and this lead to a major slowdown in the commercial real estate market. CMBS financing ...
Ariel Gomes
Sell or Not to Sell STR
Hello BP friends,
I am debating if it's worth to sell my STR in Fort Lauderdale. While I enjoy managing the property and I have a great team in place to clean and maintain the place I am thinking of taking some time ...
Pathik P.
New to 5+ unit MFH, would love advice and tips!
Hello BP community!My name is Pathik Parikh. I'm brand new to the Real Estate Investing world, along with 2 other members (my younger brother and brother in law), through an LLC based out of NJ. Like many of you, our ...
Adam Roberts
Quickbooks & property appreciation
Team - has anyone (who uses quickbooks) been told by a CPA to hold their property values steady (i.e. original purchase price/value) in their books around tax time? It would be nice to have an accurate picture of tot...