Kristin Mathern
Asking for advice on tenant locksmith situation
My tenant messaged me this morning stating she locked herself out of her bedroom. I previously lived in this property and never locked myself out of my room so I never looked nor do I even know if I have a key for the...
Walter Ellis
Self Directed IRA Madison Trust
Has anyone had experience with Madison Trust with their self directed IRA's. The fees look very reasonable and I have a lot of knowledge about do's and don'ts so I am just looking for a good company to be the "holdin...
William Jenkins
Self Directed IRA - Flipping Contract
I need a little tax advice on the use of a self directed IRA to flip a contract. Here is the opportunity.....I've got a property I am interested in purchasing. I am fairly confident that I can flip that contract imm...
Kaaren Hall
Changes in the SDIRA and Solo 401(k) World
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Steven Nguyen
House hacking in San Diego, turn a sfh into a “duplex”
Hi Bp. I just finish a rooms additions to my single family house in San Diego. The house was originally a 2bed/2bath, 1008 sf. After the addition, it has 4 beds/4 baths. The new addition and the original house ...
Mark Ham
Property Management liability insurance
So I have been asked to put the PM as a co-insurer on my policy, but when I ask whether they have any liability insurance, I didnt get a clear answer. Is this a red flag? When will a situation when there is a lawsui...
Jazmine S.
What happens when a GC's subcontractor is injured on the job?
I am including a clause in my Independent Contractor Agreement that mandates my General Contractor to provide worker's comp to all of his employees and was just curious as to what the legal ramifications would be if o...
Kingston Yi
What's the difference between a HELOC and a Cash Out Refinance?
Do you pay 2 different mortgages with either one?
David H.
Do you include kayaks, paddle boards, motorboats, bikes, in your waterfront STR?
Hi. I'm opening up a new STR on a speedboat-friendly lake in Indiana, and I'm thinking about including kayaks, paddle boards, and bikes (there's a great 20 mile paved biking path next to our property). These items w...
Brian Davis
Finance term question
Hello BP. Is talking with a potential lender and I suspect a scam because the numbers just don't add up.I was provided this information:Loan Balance: $250,000.00Loan Interest Rate: 5.00%Loan Term: 25yearsNumbers of...