Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
Does anyone have a recommendation to a hard money lender that you have lent money to in order to earn interest? What typical returns have you seen, and what questions do you recommend asking to vet out the deals?
Hello BP Community!I have recently stumbled upon the opportunity to purchase my grandparents lake house in Wisconsin. Given the financial situation, this isn’t necessarily a going to be a good deal on paper given some...
Newbie question: I've read numerous threads on the depreciation benefits of RE investing but need to ask the following for clarity. I earn over $150K in W2 income. My RE business partner and I have an LLC and are c...
This question has been tossing around in my head and thought maybe I could reach out and see what you guys think. As a newly licensed agent and aspiring investor - I have been contemplating on whether or not I should ...
Hi All,
I was advised in the past to work with agents when doing wholesale deals and was wondering if there are any other investors that do this.
If so, do you offer the agent a ...
My lender is requiring 12 mos policy for Builder's Risk Insurance. They are also requiring the GC to complete construction in 6 mos which is plenty of time. However they still require a full year of BRI. Does anyone k...
Hello,
Here shortly I intend to transition from SFH's into a more passive role with syndications. I'm looking for a CPA that can help me understand what to expect regarding taxes when I sell my SFH as well as in the...
Hello, I will be moving to Denver from NJ come October and will be looking to work in either commercial real estate or for a real estate investment firm. What I've had in mind, is to wait tables nights and weekends an...
Do Loan Officers keep the full 2% of the mortgage loan or do they have to split it? In real estate I know the 6%-5% is split between both sides of sale (sellers/buyers) and then the remaining amount is split with the ...