Shawn Ackerman
ROLL CALL. Where are my big city folk that invest in the Midwest?
100 mile distance minimum!! If you live on the border of two states and you rental is 15 min away in another state, you don’t count!!! What’s your home state? NEW YORKWhat’s your Out of state market? MILWAUKEEHow lo...
Nikhil Bedi
Where can I obtain rent rolls, income, and expense statements for rental properties?
Hi!I'm twenty years old and will be finishing my computer science degree. I've read a couple of finance books, taken an accounting class, and recently finished my first real estate book: The ABCs of Real Estate Invest...
Jim Copen
Roll 401k to a self directed but, I own a business with employees
I own a remodeling/handyman business in Chicago. Its been a slow winter and we are moving to a new office that is eating up lots of my cash. I am in a bit of a cash crunch for the next few months and wanted to tap my ...
Inna Young
How the building assessment rolled into the sale price increased the property taxes
Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...
Peter Thielemann
Rolling a 401K to a self-directed IRA to invest in real estate
Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
Justin Moy
2 Rent Roll Due Diligence Checks for Passive Investors to Verify Before Investing
This trick is more for multifamily where your rent roll will be a bit more extensive, if you’re investing in strip centers or retail centers you may just have a few tenants on your rent roll and you don’t have as much...
John Thomas
Does paying off a HELOC qualify as a Roll Over for Tax Purposes?
I am a new to the forum and had a Real Estate / Tax Question.I recently received an offer to buy out my 19% position in a commercial office building. I wanted to use at least part of the money to pay off my HELOC for...
Johnny Mercer
roll the dice to see if i get my first green house in monopoly.
the whole monopoly refrance is probably over used here but I can't help myself. I got to a point in my life and have the opportunity to roll the dice and see where I land. i was approved for 35k FHA and there is a f...
Jennifer Bowen
Can I buy a property first, then roll it over into an LLC later?
Hi all,I haven't set up my LLC yet. I'm just getting started in this business. Is it possible to buy a property first, then roll it over into an LLC? For example, if I live in it first. Or if I find a good deal that I...
Neech Yates
Rolling 401k money to a back door Roth IRA. Is this a good idea
I'm thinking about rolling a 401k into a Roth IRA to invest in multi-family. Would this be a smart move? I do know that I will have to pay tax on the rollover. However I think that I could a higher return in real est...