Ryan Walker
Disqualified Persons in Solo 401k
I am a realtor, My mother has a high value 401k she is looking to roll into a solo 401k in order to purchase rental properties for her portfolio. Am I prohibited from acting as the agent on these transactions?? I und...
Jessica M. Leak
Partnerships and Profit Sharing...what are the rules?
I am new to Real Estate investing and have an opportunity to work with someone I trust very much and want to go into a partnership with. What are the accepted or typical profit sharing arrangements when one partner fu...
Lance Luvaul
How to use parent's credit history to buy property into my LLC?
Hi BP people, I'm a novice investor looking for some advice: I got an offer from my father the other day but I don't know how to make best use of it.Some background: I'm a US citizen living abroad (Australia) for the ...
JRD Mondial
J R Dorsainvil - Bronx, NY - Somewhat Newbie
Hi Everyone,I'm new to the Bigger Pockets community and wanted to introduce myself. I'm a co-owner of an Edible Arrangements franchise in Westchester County, NY. Just made 5 years this past February. I'm an entreprene...
Steven Segal
Refinancing: Company Debt vs. Mortgage Debt
Essentially, I have about 20 units in one LLC. This LLC was given a loan from the guys that I work for an amount of capital to do my own deals. Essentially, these guys put pooled together personal money to create a fu...
Taylor Nunn
Auction Rules Give Me Blues
I recently was looking at properties going up for Auction and came across a duplex up for auction at 10k, with tennants already there.Then underneath the listing it said "No conventional loans."Are there any other rul...
Jeet Sangha
Navigating Buying and Selling a Home Simultaneously
Some of you might be facing the predicament of buying and selling a home at the same time. This can be challenging especially if you need the funds from selling your current home to buy the next one. If this process i...
Account Closed
Hiring staff the right way
Hi folks,
I'd like to get some opinions on adding staff. The first person I'd like to hire is someone to act as an assistant on steroids. Pretty much a processor who I could eventually make an office manager. I'd like...
Philippe Laurin
Tenant wants to use unit for business purposes
Hi everyone,A potential tenant wants to use one of my units to live in (Montreal region), but would also operate his business from this unit. He says he would have 2 people working 9 to 5 in this unit, and wouldn't ha...
Robin Reese
Lease Options in Florida
Does anyone know if it is legal in florida for a seller to hold a lease option if he has a mortgage on the property?