Andrea Galitz
Flip #3 - Ended up holding for myself and moved my family in
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $300,000
I ended up saving this flip for myself. My family and I now live in the home, tha...
Dennis Walker
Self Directed IRA Fees?
I have an SDIRA. My Custodian is telling me that I can pay their fees with funds from outside my IRA. Is that right? I know there are other fees and expenses that I have to pay with funds from inside my IRA. So now...
Brianna Tardi
closing on first rental property - seeking organizational tips!
Hi BP.... We are soon closing on our first investment property and decided we will manage it on our own, but now I need your help. I've read and listened to many BP forum/podcast and it seems like we are going to star...
Donovan Keith
Bank Recommendations for Checking + Security Deposits
Hi,I've just put in a backup offer for my first investment property in Oregon. It's a Single Family Residence (SFR) with an Accessory Dwelling Unit (ADU / Grandma Unit) in the back. As much as possible, I'd like to ha...
Jessie Huffey
Single Member Real Estate LLC for Flips?
Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
Mary Chen
Suggestions on doing a investment property loan involving 1031 money?
My parents are planning on selling their investment home (SFR) to buy another home in Hawaii (i.e. 1031). They expect to not qualify on a loan (since income is likely too low) so my siblings and I want to cover it. We...
Dillon Loomis
Taking "Draws" From Business Accounts
Hey gang. I'm going to be a duplex/triplex, buy and hold investor. I'm not setting up an LLC right out of the gate, as I don't have any assets to protect just yet. I'm going to own the properties in my name, and estab...
Mike Landry
Interest tracing rules???
Can someone help me out with interest tracing rules in my situation.....I've read a few things and Im just confused. Here is an example. Lets say I have 200,000 in my personal bank. This money I specifically alloca...
Timothy Doenges
Real Estate Licensed and First Deal in Underwriting!
Hello again, BP! Wanted to post here and publicly thank BP and all the active forum users that have helped guide me on my path to financial independence through real estate investing!I've just caught up listening to t...
Renae Bouchard
An ode to the last summer in my 20's
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $56,000
Cash invested: $10,000
Pre-foreclosure property redeemed before auction. This home featured a swiss ...