After move-in, one of my tenants began a business of purchasing used or auctioned cars, doing minor repairs and cleaning in the garage, and transporting to a used car dealership to sell. I was not aware of this activi...
Hi everyone,I'm leaning towards opening a solo 401k vs a SDIRA, for buying and holding multifamily properties. But I have a question that I would like answered before I can make a final decision.My question is, I unde...
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...
Whether you are looking for your first or next short term rental, most of us can agree that finding the next great deal can take up a lot of our time. As time gets more valuable, it is important we are taking the appr...
Hi guys,
I was interested in using my mother-in-law's IRA to finance a real estate deal but recently learned that this is not allowed. Are there any ways around this?
Joe
I work for a Hard Money Lender, and had a client ask once how he might be able to leverage an SDIRA to create more liquidity. He was using the funds to invest in real estate, but wanted a way to keep at least a portio...
This is old news but just came across it. Not sure if its good for the communities but it seems good for the investors.On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from ...
The United States District Court for the Western District of Kentucky issued an order declaring Kentucky's so-called "turf state" laws unconstitutional. The "turf state" laws, which are practiced in seven other stat...
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...
What do you guys know about this new bill? I am from Venezuela and I live in Miami, it seems I will not have a chance to buy here after July 1st. If anyone knows any other way please let me know. Thank you.