Do you purchase properties as a function of your savings and affordability or do you target specific purchase price?
Greetings BP,So, I just set up a lease for my home. Single Family. Tenant will be moving in next saturday 28th. Now, I set it up under my name, but can I change over to a business later?Also, I've bought a second home...
I have an IRA LLC with a property in it. I have two questions: 1. I also do hard money loans. Do I use the same checking account LLC for hard money loans or get a new LLC or just keep the money in self directed IR an...
Looking for advice. I am looking to invest in PA. However, getting loans under LLC is very hard in PA. As a result, seeking option to purchase the property with 20% down with a FHA loan. Getting the mortgage under...
Hello all,Just bought an investment property. Before you know it, tax season will be fast approaching. I just want to know how do you savvy investors keep track of your expenses? Any tips? Thanks...
I have both a traditional Ira and a Roth IRA. I’m trying to decide if I should roll them into a self directed Ira or a solo 401k or even taking the hit, paying the taxes and pulling it all out. The reason is to invest...
Our current employer does not offer 401K. Started to invest on Roth IRA from past 5 years. The max is only 5.5K yearly contributions we can as per IRS limits. But some of my friends who work has 401K offered by thei...
Hello,
I would like to know others "expert/professional" opinions on Cash vs. Financing for long-term buy and hold multifamily properties. I am aware of most of the benefits (pros/cons) of paying cash, however I am n...
After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
Hey guys... Just curious about this... Let me know your thoughts.Thanks!Chris