Gary Onstad
Self directed IRA
I'm having trouble figuring out how I would manage a property using funds from a self directed IRA. If I use an IRA I have a transaction fee ($35) every time it writes a check. So $30 to mow the lawn becomes $65 expen...
Stuart Udis
Don't let the cheerleaders drown out sound advice
One of the most common posts observed in the forums is "I just settled on my 3rd section 8 rental and have a goal of reaching XYZ doors in 3 years, 5 years etc". Many arrive at this strategy through paid mentorship, w...
Mindy Jensen
New Book!!! Tax Strategies for the Savvy Real Estate Investor
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
Sandy Uhlmann
Using a SDIRA to get into mobile home investing
I would like to get into mobile home investing. With a lower price point of entry as compared to fixing and flipping brick and mortar homes it seems like it would be something that would be ideal for using a SDIRA. I...
Joseph Brooks
Destruction of Wealth?
People are saying that declining home, stock, 401(k), etc values is a destruction of wealth. But I don't believe it and have been arguing that wealth is not destroyed until there is material destruction (i.e. a house ...
Bryan Clement
Leasing a Property or Apartment for AirBnB
Hello BP,I read someone's investing strategy on a blog post recently, and I found it quite interesting. They rent out apartments, houses and condos, and turn them into AirBnB's. They make a profit off of the rental in...
Chris Schoonhoven
Self Directed IRA Companies & Roth tax implications
I've started looking into a few SDIRA companies and just wanted to ask to see if anyone has experience with these companies or if anyone has any suggestions for another SDIRA.I'm looking at Quest, Advanta, and Cama. R...
David Soest
My review of Lifestyles Unlimited in Houston Texas
I just got back from the two day seminar in Houston, been wanting to go for years and after losing 17K on my last flip I decided it was time to pay the $750.00 and go. If you know nothing about real estate I'd say it'...
Hament Raju Mahajan
Self directing IRA money using QRP- Qualified Retirement plan
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
Marquis Harris
Should I cancel my 401k?
Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...