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Results (10000)
Matt Ferch Self directed IRA --- have to have an LLC to receive funds?
12 November 2019 | 2 replies

Hello, I am looking to receive a loan from a friend through their self-directed IRA.  In order to receive the funds, do I need to have an LLC set up? Thank you! 

David Mcginnis Security deposits on a foreclosure auction purchase
27 January 2019 | 1 reply

Recently looked at an occupied 3 unit building that was scheduled for foreclosure. Presumably, the tenants has posted security deposits for their units. And presumably, if I had purchased at auction, I would then own ...

Account Closed Asset protection for companies/businesses using LLCs
14 September 2017 | 1 reply

I'm learning a lot about investing on BP.  Something that I'm kind of surprised that I'm not reading as much about is asset protection.  With that said, I have read some posts/threads where asset protection is conside...

Brent Horst How important is dress
6 May 2020 | 4 replies

All I want to know is how important is dress. I know that you need to dress respectfully, but is tucked in shirt and dress pants or suit and tie really necessary.

Account Closed Great quote for new investors
5 February 2016 | 5 replies

Welcome to BP. The other day I utilized BP to gather book recommendations so I could improve my skills of negotiation. One member recommended to me "Trump Style Negotiations" by George Ross. I just read a great quote ...

Demetrius Davis Financing Options to Pair with Assumed Loan on MultiFamily
12 September 2022 | 13 replies

I’m considering a multi-family building in the Chicago area that has a Fannie/Freddie type loan in place at a very low interest rate. After assuming the loan, there is still another $600k that I would need in order to...

JD Martin Cost Segregation data 2022 Q: bulk or list each item individual?
19 December 2022 | 6 replies

Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...

Stephen Leblanc good prices, bad tenants
4 February 2008 | 4 replies

About 20 minutes away from where I live is an area which has very cheap homes. It is not a bad area in respect of crime, but has a poor economy. When I asked the realtor I use, who has many rental properies, if this...

Rich Thomas Seperate credit card for rentals?
17 June 2023 | 6 replies

Hello,

I currently own 6 units total, I have a seperate checking account 'Investment property' that all money produced from the rentals goes into and does not co-mingle with my personal checking. Bills for the proper...