Hello all,I'm just getting started in REI and I have a couple of questions about how to use my money the best way. I have about 200k to invest. I want to buy at least two "full rehab" SF houses in the South Florida ar...
Hello all BP's,Being a silent listener for almost a year, I found myself reading and enjoying discussions and blogs alike,. However, struggling with a property-finding challenge for a while, I thought of trying to th...
Last year, a company from BP helped us set-up Self-Directed IRA LLC "ABC SDIRA Company LLC". Luckily, we invested those IRA funds in our ABC SDIRA Company LLC and were able to make some profit to offset the initial se...
Seriously thinking about getting a second home in Fort Lauderdale— enough that I cold-contact an agent and have her showing me about 20 properties last weekend. I'm from NYC and would live in this second home part-tim...
I know every investor is faced with this question. Self manage or hire property management? I have self-managed my SFR portfolio (8 properties) quite successfully and developed some great systems and processes. But...
Fair warning BP friends. I leveraged the BP site to get referrals on tax services now that my portfolio is growing (4 properties). I was connected to 1800 Accountant (they said they were a partner of BP). Sounds like ...
Hello everyone,I'm looking for a reputable company to do a self directed IRA in the northern NJ area. Can anyone please offer me some sound direction?Thank youAnthony
Hello. My name is Stuart and I am from Huntsville Al. I've been interested in real estate for a while, I've just never really made the plunge. A good friend of mine was fairly successful flipping houses in Montgom...
I need to open one up before the end year. A quick search yielded me mysolo401k.com. They charge 425 to start up an account, and 125 a year for maintenance. I will probably start doing the maximal 57k contribution for...
How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?