Joe Schultz
IRA OWNS RENTALS, NOW 59 1/2. CAN I NOW MIX FUNDS W/PERSONAL
I just turned 59 1/2 can I now take money out of my self-directed IRA (SEP) without any penalty?
If I do, does this require taking social security as retirement? Are there any consequences?Do I need to wait until I ...
Aaron Bito
Scope of Work ( I have a rough draft, but what more should I consider)
Good Evening All, Thank you to everyone that has provided help and responded to my posts. Right now I am working on a scope of work for my contractors. I know I am not telling them how to do their job in the scope of ...
Roseann Koefoed
Stuck in an unfair laundry lease
I just closed on 24 units in Illinois. I found out at the closing table that the Seller was passing to me a completely unfair laundry lease with Jetz. 10-year auto renewals if I don't provide 365 days' notice to can...
Charley F.
Security Deposit: Tenant Moving
Greetings all. My first tenant have move out and I have assessed the condition of the property. Now it has come the moment where I have to place a value that will be removed from the Security Deposit.
Overall the pro...
Raphael Braschoss
Need guidance on 4+ acres in southern New Jersey
My Wife and I purchased a 4+ acre property with a 1930’s 3 bedroom, 1 bathroom, 1200 square foot house and a large wooden workshop. The house is in pretty rough shape and we are trying to determine if it is worth reh...
Ryan Walker
Lead, Asbestos, K&T, and bears oh my!
Hi BP!I'm a new investor in the Massachusetts area and I'm curious as to if any of you have experienced a similar situation as the one I am going through right now. I have noticed in my search for an investment proper...
Steve Mitrano
Need opinion on appliances...
What's up BP family..I just acquired my first 6 units in the Boston area and I'd like to get a few opinions on whether or not I should remove the dishwashers from the units, and if I should allow tenants to have washe...
Jeremy Segermeister
Mortgage Forbearance Impacting Credit Score?
Hi All,
I still can't seem to get a clear answer on exactly how loan forbearance will impact credit reports (not scores). I understand it will not impact my score, however, banks will see that I am in forbearance (wh...
Aaron Lancaster
Fireplace Not Functional
I purchased a duplex earlier this year in a B-class neighborhood. There is a wood burning fireplace in each unit, but after having them inspected, neither are safe to use and need a total of about $1,500 to bring them...
Sandy Uhlmann
Is there any reasons I should not convert my IRA to a Roth IRA?
I recently rolled a 401K into a SDIRA. At the time, I did not convert it to a ROTH SDIRA. I have purchased approx $25,000 in notes with the money but they have not been worked out yet thus they are still non-perform...