Carter J.
401k liquidation considerations
Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
Xavier Toefield
Residential Assisted Living(RAL) in Texas-rehab or buy facility?
Hello all,I am in a situation where I have a duplex(both units 3/2 w/1-car garage at 400 sqft. each) in Round Rock,TX. I have been interested in RAL and its benefits as an investor but also as someone that has family ...
Alec Sithong
401k rollover to c Corp business
as I look into starting my C corp I have some questions. When I roll over my 401 K into C Corp do I have the cash to build my business or does it act as a loan to pay back my retirement fund?
Stephen Condon
Syndicating RV Parks and Campgrounds
What's up, everybody! I have a vivid vision, which I genuinely believe is actually my life's mission. This mission is to help positively impact as many people as possible by providing amazing experiences which create ...
Ann M.
Self directed Retirement Plan Questions
I currently have a SDIRA with a check book LLC. I have a couple of houses and mutual funds. I have just learned that I may or may not have overstepped my arms length vs personal involvement by occasionally providing...
William Leininger
1st Multifamily (4plex) Dallas Fort Worth, TX Team
Hello~My wife and I are looking to work with others to make a team for multifamily (specifically 4plexes later to be apartments etc) as we are moving from Vancouver, Washington to Dallas-Fort Worth, Texas. My wife is ...
Anthony Hoefakker
I'm licensed and ready to roll! Now what...
Hey everyone,I'm a new realtor, I've been licensed for a few weeks now and am having a hard time trying to figure out what to do now. The past few months have been crazy, doing my schoolwork, test prep, interviewing ...
Bruce Scannell
LLC Formation, who's the managing member?
BP world,I'm trying to put together the operating agreement for a property holdings LLC and need input on the pros and cons of making myself managing member. I have a management LLC with my wife and I, and I'm looking...
Ronald H.
Great mission statements
I am in the process of selecting a name for my new LLC. I have created a Mission Statement and I was wondering what people might think of it. It reads as follows:
To buy and sell Real Estate at reduced prices, there...
Bill Goodland
How do fix and flippers grow wealth?
Now before and the buy and hold people come in and tell me how that is the only way to gain true wealth, semi-passive income, and reap all the tax benefits, thank you but I know that already. Now, for the fix and flip...