Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missi...
This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as th...
I am looking to buy my first home. I intend to live in it, I may use it as a rental down the road but I will definitely live there for at least 5 years. I have a low income due to medical and insurance reasons. I'm ju...
Hello again fellow BPers!As always, there is a wealth of information on this site, and all the feedback is appreciated.I have just recently become interested in the possibility of pursuing a position in the lending si...
Hello my name is Rod Hullaby and I am new to investing. I have just a little real estate experience as my wife is a realtor. I currently work as an insurance agent. My goals are:1- create supplemental income2- cre...
Below is an excerpt from an interesting read which is also linked below. The gist is that governmental efforts to regulate, and presumably improve, low income housing, have made such housing unaffordable for low inco...
Hello BP!Excited to get started here, I am 25 and own a Landscaping company full time, this is something I have wanted to do for a long time, and now I have taken the leap and purchased my first income property in Ky....
What is the best way to reduce your personal taxable income? I am self employed and receive K1’s from a flipping business and rental properties as well as a W2 and K1 from my transportation business.
Any advice would...
A 22 unit complex just came up for sale in the city I live in for what seems to be a very handsome price (1.29 million- which is roughly 53,000/unit) the numbers show great returns on the property but I need assistanc...
Greetings BP, I have a SDIRA LLC, with Midland IRA as custodian, that I created to invest in real estate. I have a lender who is willing to give me a non-recourse loan with a 30% down payment in the Bloomington, IL ma...