Got a recommendation ( not from a fiduciary) to take money out of 401 A now ( I’m retired) and invest in R.E. SFH’s. Claim is taxes are only going to go up….better off paying the taxes now and having full control of y...
Hello BP Community, I need some perspective on the following topic.As a new investor specifically targeting buy and hold properties in the Chicago area, I want to know if setting up an entity ie. LLC, Illinois Land Tr...
Newbie to 1031's here. Ive been reading up and ive had difficulty finding an answer. I own a business that I am selling and I will pull out a chunk of money after paying off the remaining debt service. Does anyone kno...
I am considering using Equity Trust to set up a self-directed IRA to purchase properties. Any advise? What are pros and cons or restrictions?
Hello,
I am a beginner investor. Me and my business partner purchased a SFH in Tampa, FL using a Joint Venture agreement. The original plan was to flip. Now after some additional research we decided to keep the prop...
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
I recently found out about being able to open up a self directed IRA for investing in real estate. What i am eager to know are the stipulations? Can it be my primary residence or do I have to do something else with...
I am pursuing a deal of 16 condos that are fully leased out in a condo community of 88 total condos. That is not the attractive part about this deal. What pulled me in is that it comes with land within the same commun...
Hello BP family! I saw a house for sale in South Dallas area that is a 8bdrm and 4 bath house. I wanted to see if anyone has experience with rent by room? If so what app do you use to find these tenants?
I also was t...
I am new to BP and also real estate investing trying to do my first flip I've been looking at a lot of bank owned homes and went to make an offer on one when my realtor informed me it was a hud owned home and they req...