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Wanting to move a good portion ($500-800k) of my IRA into an SDIRA to invest in a coupe of Syndication deals. First question is, it appears there are a lot of custodians that can do this, with a ton of varying fee's -...
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I've only used an accountant for taxes since setting up the LLC a couple for years ago, and I was looking for any feedback on what is considered market rate for preparing the state and federal returns for an LLC filin...
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Hey everyone! I've found a partner who's willing to finance a short-term while I will be in charge of operations. Considering we haven't locked down a market yet (debating between Shenandoah or Blue Ridge) would it ma...
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Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
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I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
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There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...
Forgive me if this has been discussed, I couldn't find anything on it. I have a great tenant who wants to buy a house next year. He's never done any rental work or investing, but he's very interested. I'm wondering...
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Previous owner sold empty 40 unit apartment for $700,000 and gave 100% financing to the new owner.
New owner renovated and filled the building. New owner died and his estate is anxious to sell.
According to the Realt...
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My wife and I are just getting started in REI. We live in PA and established an LLC here earlier this year in anticipation of buying investment properties. We figured we should get one established, but the tricky th...
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I understand they have a little bit higher interest rate, but what are the risks of DSCR loans? Is there a demand clause where they can call the loans for no reason? My conventional loans don't have a demand clause. T...