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My wife and I are first time investors. We currently funds in several IRAs.
Is it possible to place those funds into a self directed IRA and then use them to invest in our first rental home?
Pros?
Cons?
Thank You
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Investment Info:
Single-family residence buy & hold investment in Atlanta.
Purchase price: $130,000
Cash invested: $40,000
Found this deal when pandemic hit paid 130k.took out a hard money loan 2...
Hey BP,I am considering forming an LLC with two other partners and I wanted to understand the tax implications of that. Can we choose to not have any distributions and "save" the money in the LLC for future investing ...
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I’m looking for some second opinions on a duplex I’m looking at.
This would be my second duplex I’m purchasing. I’ll break down the numbers, but I have some concerns i wanted to get your thoughts on.
List Pri...
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Hey BP I have some flip questions. I have a single family rental that I am thinking about flipping. I have never flipped a property, so I'm not sure the correct avenues or people to contact. How do you initially figu...
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Guys need some guidence!Have a SFR w/Basement. Laundry room and a once small bedroom or utility room (never advertised as a room) in the basement.Tenent calls because basement walls leak and she suspects mold and mil...
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Hey all -
Brandon Turner and I worked very hard to put together the Ultimate Beginner's Guide to Real Estate Investing and we've had a ton of reads, but relatively little feedback.
We'd really like to make sure it i...
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Investment Info:
Single-family residence other investment in Tempe.
Purchase price: $175,000
Cash invested: $35,000
Sale price: $320,000
3bd 2ba, 1075sqft, single family home, renovated into 4bd,...
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I am looking at a 44 unit complex with a NOI of about $287k prior to debt service. Historical occupancy rate of 93% (last 5 years). My salary is in the 200k range. Credit score 790. I currently have 2 SFH I use as...