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I founded an LLC a few months ago because I wanted to turn my investing into a real business instead of a side hobby. My tenants now submit their monthly rent into my business account but lenders are not allowing me t...
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Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
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Hello Everybody, I've often wondered about this but I've recently talked to a friend of mine who is in this situation. He owns several rental properties that he bought through his IRA with non conforming loans. He's p...
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I'm renting out my first property in baltimore county this month. The residence uses baltimore city water.I was told by someone that landlords must pay water bills and that they cannot be transferred to tenants in Ma...
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Effective property management is crucial for landlords seeking to maximize their rental income and maintain satisfied tenants. In this comprehensive blog series, we will delve into expert tips and strategies to help l...
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Hello! My mother-in-law passed away 8 years ago and left us (wife and her brother) a house at the beach. She did not leave a will and my brother-in-law was named executor of her estate. He has left the property in h...
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Hello BP!
We were able to close on our first deal this week! These are my notes from the deal for anyone who is interested:
Searching through the MLS, I came across a property in Milan, TN. I ran the analysis on the...
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Hi, I'm curious to learn how your experience has been with Open door capital or something similar. Pros & Cons. Also post if you know something similar.
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Hello all,I have a question about self-directed IRA's. I'm not looking to do this anytime soon but have just been doing research on it. My question is if I have enough in my IRA for a 20-25% down payment will the bank...
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If I were to convert my 401k to a Self Directed IRA would it be possible to use those funds to partner with someone and If possible how would that work?