Hi all,I'm about to start a self directed IRA with kingdom and they require verbiage towards 26 USC 408, and 26 USC 4975. Anybody have a sample of this?
I guess the old question . which is the better money maker? Rentingrehabbing and sellingflipping .. (minor to no rehabbing)
Hi BP family! I am currently reading Real Estate investing 101 and the author advises against owning investment properties in your own name & recommends setting up an LLC as a form of personal asset protection. I ...
Can someone point me to the statute or documents explaining the requirements that should be met by a trustee of a Florida Land Trust (F.S. 689.071) who is not a natural person (ie LLC, Corp, trust, etc...).I remember ...
Hi Everyone,My 2 [artners and I are actively looking for our first property to flip. We're going with a hard money loan (we have a few lenders to choose from), and we have plenty of cash, assets etc. I'm the one putt...
Hello all,Our Illinois-organized LLC is closing on its first out-of-state property (Michigan) later this month. It is planned as a rental. Does anyone hold property here through a foreign (non-Michigan) LLC?Did you re...
BP Community! Mesa Arizona is booming!-JaredMesa, AZ – Today, CAVU Aerospace, one of the world’s leading providers of aircraft disassembly, aircraft recycling, asset management and MRO repairs, announced it will locat...
Hi All, I just recently bought a condo with the idea of turning it into a cash flow property. It's in a lower income area of houston, and i'm having trouble getting it rented out. Does anyone have any suggestions on w...
Hi all!New BP member here and excited to learn from you all. In 2009, I bought a townhouse in California for $590K.Today, that house is worth about $1.4M, and I owe $370K on it.It's bringing in $4,500/mo, but after $2...
This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...