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So I opened a self directed IRA and it only has 7k in it. I am eager to invest in a real estate flip using it and was considering letting my local REIA group know that I am willing to loan it. However, I feel silly as...
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When you wholesale houses, do you have to pay short-term capital gains for each deal?
I wasn't sure how this worked.
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I am thinking of buying properties just outside of my city. My partner does not want to self manage, and wants someone else to do it.. So I am wondering if it is worth it to buy one property and have a PM company mana...
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If I don't have much saved in my IRA, but would soon have the ability to purchase a rental with cash saved. Could I purchase it, rehab and get it ready for renters, then have my self directed IRA purchase it from myse...
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I want to create passive income for myself and not have to deal that much with tenants, so I heard that property managers would be a good idea. But I've also heard that they can be quite costly.
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I'll set the context of my question: I am 27 yr old self-employed individual with no IRA or 401K currently in place.I've heard self-directed IRA's explained and I can definitely see the benefit to someone who already ...
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Hi everyone! I'm planning to buy some multifamily properties to use for long-term rentals and have been researching places inside and outside of my home state (Texas) that could be worth investing in. Is there anyone ...
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Hello Fellow BP Investors:My name is Dan King and I have been investing in single family rentals and commercial buildings in Portland, OR for over 20 years. Since the cap rates have dropped significantly over the las...
Hello my name is Christina Gomez, I just bought a home on the Big Island of Hawaii. I am starting a vacation Rental where I will be living full time. I have already applied for my LLC and in the process of getting me ...
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We currently hold 5 rental properties totaling 15 doors. All properties are in northern Illinois and we have since moved to Arizona. We have been self managing from afar utilizing previous service providers and friend...