Therese V.
Bankruptcy Release Fee? Short Sale? Confused on Addendum
A property that I'm thinking of putting an offer has an Addendum that lists:
"Buyer acknowledges that this property is subject to Short Sale Lender and Bankruptcy Court Approval."
"Buyer will pay a $5,000 Bankr...
Dmitriy Fomichenko
Self-Directed Solo 401k for Real Estate Investors – Q&A
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
Meagan Dorsey
Is this the usual attitude in wholesaling?
I am a licensed real estate agent. My husband has been looking into getting into real estate wholesaling.After watching a bunch of videos and looking around wholesaling FB groups, I see that there is a very large majo...
James Smyth
The case for solar on a rental property
TLDR; Summary:
If I go with the Tesla Solar Roof, the cost to install after incentives is going to be lower than the cost of the traditional roof without solar. I will be able to finance the entire roof with no mone...
Celia Moore
Biden's Proposes $500,000 Cap on Section 1031 Like-Kind Exchanges
The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
Julie Hill
What cities are currently great for high airbnb returns?
Who here is making 2-3x returns on their STR? I want to know what areas in the U.S. are hot. I have a full condo of furniture and have to move it somewhere to STR! Obviously I want it to be fully legal and license...
Jon Ful
Biggest Portfolio Lenders (Bridge & DSCR)
Hi Friends,This question is in regards to direct "Portfolio" lenders only. Not resellers of loans.Top 3 Largest Bridge (Fix n Flip) single family portfolio lenders?Top 3 Largest DSCR single family portfolio lenders?Gr...
Derek Tellier
What to do with my 401K?
My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
Mimi H.
Self Directed IRAs + Non-recourse
I'm starting to think more broadly about how to structure different "buckets", one of which is an IRA. I'm potentially interested in rolling an existing IRA into a self directed IRA to purchase a multifamily with the ...
Michael Reyes
Borrowing Private Money - Family & Friends
Good Morning BP Community,I'm looking for your experience and/or advice on borrowing money from family & friends. Although I don't have an opportunity to make an offer, I want to get money sourced ahead of when I...