Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Michael Mroczka
This crazy situation will let us have multiple FHA loans, should I do it?
Hey friends!Long time lurker, even though I post infrequently. My wife and I own a cashflowing quad-plex in Chicago that was a 3.5% FHA loan. We are in a fairly unique position because I work fully remote in a very se...
David Chance
Self Directed IRA - checkbook control or not?
Looking to see what type of SDIrA others who invest in notes are using --> checkbook or custodian. I don't like all of the custodian fees, but I think it is safer (with regards to the IRS) than the checkbook.I'm ...
Harry Metzinger
Going from Traditional IRA to Solo 401(k)?
Hi BP, I currently have Traditional IRA funds that are invested in stocks, but lately I have educated myself about going the self-directed IRA route. I met with a self-directed IRA custodian yesterday. However, give...
Simone Montague-Jackson
Real Estate Syndications: Spark Rental
Hey everyone,
I'm interested in RE syndications, but I'm quite cautious because I don't want to incur any scams. And I don't know how to start any on my own at the moment. However, I attended an RE meetup and learne...
Synthia LaFontaine
Wisdom sought: really, what would be the best thing to do?
I live in SW Florida where I owe $335,000 for a house surrounded by homes forecloure specialists are enjoying profits from selling at $125,000 (in much better condition than mine), and at least another thousand brand ...
Jacob Michaels
Borrowing Tenants Money for FREE to Purchase RE in Korea
Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...
Anthony Drew Gary
Can an account from Audible.com or Amazon's equal be deducted?
I'm curious if anyone has tried to deduct the cost for an account on Audible.com or a similar audiobook database subscription on their taxes? Can you justify that there is enough real estate related content to write ...
Bryan La
Screening process and requirements for tenants
Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you
Sean Woods
Next steps? Pay down mortgage for more equity or save separately?
Hello,I am very new to investing for my future. I previously thought that buying my house would propel me in the right direction but now I am realizing I would have much rather purchased a multi-family property with m...