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Write Hello BP community! I am a newbie. Joined BP last year and closed on my first rental half duplex this past November. The duplex is rented and is cash flowing almost $300 a month. But - after buying that rental w...
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I have been reading through the posts about self directed IRA/401Ks/checkbook control etc and there is so much information! I left my job a few months ago and I want to transfer the funds from my 401K to one of these ...
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I collect rent by having tenants deposit into my check my account then sweep the money at the end of the day. They send me pictures of the receipt as proof of rent payment.
Today I had a tenant send me a forged rece...
Looking to open a Self Directed IRA for my real estate investments. Can anyone point me in the right direction. Im from Chicago but doesnt have to be local financial institution.
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Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...
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Hello Everyone,Is anyone using a self directed IRA to fund all or part of their real estate investing? I am looking into the subject and wanted to get input from people already using this vehicle.Also, can anyone she...
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This was my first property in Baytown, TX which I bought using funds in SD-IRA and took a non-recourse loan on it as well. Its rented out for $1400 (lease was renewed for another year in March), professionally managed...
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I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...
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I have a number of multifamily buildings that are 100+ years old and in the market where they're located I pay for the water. One three unit building is using $1,200 per quarter in water. I believe part of the issue i...
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Hi All, I need some advice on self-directing ira to put the money into a deal. I Have a duplex deal I'm about to write up and I need to roll my 401k into something I can use for the downpayment. What direction should ...