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Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
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Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...
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Is anyone here actually using a self directed Roth IRA account for real estate flipping? I am sick of paying these outrageous short term capital gains taxes it really feels like 1 step forward and 1 step back. I looke...
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Hi All,I have signed a purchase and sales agreement for Bank Owned property and my rate with bank is locked and got expired on 10/16/2015.For extending the locking rate mortgage company is asking $140 for week and I a...
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Hi BP, Overall which one is a better real estate website Zillow or Trulia? I am a real estate broker and has access to a local mls, however I want experience how non broker investor see Zillow and Trulia. Any suggesti...
Hello , I posted about bad credit tenant yesterday that she gave me personal check for security deposit and that check bounced.
Now she offering cashier’s check plus return payment fee. She also text me screenshot of...
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Will banks count a 401k for 6 months reserves for each of your properties in regards to buying another property?
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Hey BP world, I have a fellow investor about to do their very first tenant move out inspection. Of course there are main things to look into (ex. carpets, faucets etc.) but what are some tid bits and such that he shou...
I'm a newbie, looking to invest in real estate, I wanted to move a portion of my 401k with my current employer to a SDIRA, Solo 401k, Roth IRA, Someone replied to a earier discussion that it's notpermitted ?? is this...
Hey guys, new member here. I recently listened to the Gabe Desilva podcast here and it he mentioned through out that he rolled his 401k to aan ira to avoid early tax penalty. Im looking to do this same thing with my r...