Joji M.
Legal - wholesale and lease option in CA
Does California Code - Section 10130 and 10131 prohibit you to do an assignment of contract and/or sandwich lease option unless you have a broker license? One of my lawyers mentioned that you need to have a broker li...
Robbie Pratt
Can I use my Self-Directed IRA for renovations on a rental property? This Property is currently my primary residence.
My family and I currently reside in a 3/2 1500SF SFH. I bought it about 6 months ago with the intention of turning it into a rental in the next 1-3 years as our family grows. There is about $7K worth of repairs t...
Karen Polis
IRS liens on Tax Sale, Montgomery Co. PA
I'm looking at a property that's going up for tax sale and I see it has 2 open IRS liens on it. I know in other states, such as FL, the IRS has 120 days to redeem the property - they pay you back what you paid plus 6%...
Eric Tomlin
Partnering with your own self directed IRA to purchase land
Hello everyone,Knowing that these can be very muddy waters at times, my wife and I have been struggling through the IRA real estate investment information available on the internet. It is plentiful, but not sure, some...
Albert Johnson
How do you handle tenant complaints against neighbors?
One my tenant is complaining about another tenant bullying them. Some examples are they are driving too fast. He is setting up cameras, telling them what to do.. etc...how do you usually handle disputes like this with...
Jose Linares
Multi-Family Investing & Self-Directed IRA's
Happy Sunday BP community! I am currently working towards my first small, multi-family investment (5-10 units) and would like to use a Self-Directed IRA for this first property. As I compare fee schedules between se...
Bill Henley
SD-IRA question: please review and comment on a proposed note
I have a self-directed IRA that I would like to use to invest in a third party's flip. In thinking about a promissory note that would avoid both a prohibited transaction problem and an Unrelated Business Income Tax ("...
Joaquin Caballero
Can a Listing Agent buy their own REO listing?
Or does this create a conflict of interest? Would this be state specific (I'm in Texas) or lender specific? Im not a real estate agent but my business partner is, and we are considering going after REO listings ...
Joe Robinson
Providing insurance to someone, but you own the mortgage ...
Here's a question for my fellow SEP IRA/solo 401k gurus. Assume it's a IRA LLC (a checkbook control IRA). Any opinions would be appreciated..- Someone cannot take a management fee, for managing a rental that is owned...
Scott Gadea
How do I go about renewing the rent on my tenants in California?
I wanted to know how to go about renewing my tenants lease for another 12 month in CA?