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So my wife and I decided to move money from an old ira into a self-directed ira. About 20k. I’ve read all the rules about IRA so I understand the money needs to go back into it. All that said what is the best move? B...
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Charles Kim owns two S Corps: Kim's Tae Kwon Do Inc. and Kim's Brokers Inc. in 2012, he W2ed himself $30k for both corporations. He has two 4th degree black belt instructors working for him and has a K1 of $70,000. He...
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Does anyone have a recommendation for a lender that values ADU's in CA "accurately"?
We completed our ADU earlier this year at our primary residence and it has been a great cash flowing investment. We used a HELOC...
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I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
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Hi all, I' do about three flips a year, have a portfolio of rental properties and have purchased another 2 (soon to be 3) hold properties this year. I GC all rehab work myself while also doing much of the in house c...
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Hey guys!So I've read a ton of posts already asking for advice on how to name a wholesale company or llc. Unfortunately I'm still left with questions as its not been addressed yet. My question is complicated but ill t...
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Hello BP - I'm about to secure my first REI (MFH) in FLA via conventional financing. I have read about placing properties in an LLC but there is a risk of violating the Due on Sale Clause. Speaking with my lender/br...
Hello! I’m new to Biggerpockets and I’m a 19 year old aspiring to be a rental property Investor so that I may build wealth in the long run.It may seem crazy but I have a goal of getting 60 rentals within the next 5 ye...
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Hello everyone. I own 5 properties. One personal, 4 residential rentals. I do not have my properties in LLCs yet but went to speak to a real estate attorney today who suggested that I create a revocable trust and then...
Good day BP family, I am grateful to be apart of this vast online mastermind. I am Gregory George, an aspiring millionaire real estate investor, and I’m looking for like minded individuals that’s in the realm of RE in...