I am a Canadian real estate investor doing business with the United States but reside in Canada. I want to wire money from my United States business bank account to my attorney's trust account in the United States. My...
I am thinking about setting up a SDIRA with a company called the IRA Financial Group (http://www.irafinancialgroup.com) . Has anyone ever dealt with them before? I have a modest some of money sitting in various IRA...
Hello! Can someone tell me if water damage in a property should automatically disqualify a home when looking to buy a new property? I'm new to REI, so I'm not sure. Several properties I've seen online obviously hav...
Hello everyone I’m looking for some general advice for a situation that I imagine is pretty common around here. I’ve got a property manager handling 2 of my properties. One of the properties has been a nightmare, tena...
Hi BP,
I’m considering converting My Roth IRA and 401k retirement accounts to self-directed so I can invest in real estate. However, I’m still employed and read that I’ll need to open a IRA LLC in order to invest. Wo...
Hello All, When I first started investing in buy and holds I wanted to be insulated from risk. Now I feel like I insulated myself from leverage. I now have 4 LLC's that I actively use. 3 I use for Real Estate and ...
I know you shouldn't rent to friends and families but has anyone had any success stories? I have a friend, has a good job/income and by qualifies with our standards. Just wondering if anyone had any positive experienc...
Hi friends! I am in the process of buying a 3 bed, 1 bath single family home in Big Bear, CA that I primarily plan to use as a STR but would also like to visit ~20 days of the year. I currently live in LA, about 3 hou...
I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
Starting a house flipping business is exciting, but it can also be overwhelming. With so much to learn, and so many decisions to make, no one flips their first house without encountering at least a few hiccups along t...