Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Michael Galloway
Equity Stripping, a simple effective way to Protect Assets?
Hi everyone,
I have seen lots of posts about LLCs, and other disregarded entities for asset protection, in addition posts on Insurance policies etc. But how about NOTES for protection?
If the corporate veil is pie...
Jamie Lutch
Must all rental properties cash flow?
Hi everybody, first post, thanks for being such a great resource.We are looking at buying our first rental, it is a condo in a remote area (remote to us, the area itself is developed)my numbers on the one unit ive lo...
Anders Jax
What is a standard waterfall structure payback(LP paid first etc)
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Huy Thai
Hard Money: a comprehensive DO's and DON'Ts needed
BPers,I searched the forums for a list of do's and don'ts for hard money lending without much luck so I'm going to see if I can get all the answers in one place. I am at a point in my REI where all my personal and pri...
Mia Duncan
New real estate business with 100k-where would you start?
Hi! I’m new-ish to real estate with two properties. I have 100k and want to start a “real” real estate business. What would you all start with? And in what city? Curious...
Mark Ferguson
Colorado real estate market, no end in site?
I while back I posted about the possibility of selling some of my rentals and investing in a new market. I am located in Northern Colorado and our prices have doubled in the last four or five years, making it really t...
Kurt Granroth
Dissecting and Understanding a Schedule K-1
I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
Kathryn K.
Settling credit debt 4 less than owed?
I get solicitations from companies offering to legally reduce my credit card debt and get the credit card companies to accept a lesser amount as payoff. Supposed to be entirely legal. What are the criteria for doing t...
Steven Frey
Extra money - focus on 1 of 5 mortgages or a little for each.
I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...