I've seen a few local Minnesota meetups prohibiting certain people from coming. Most of the time agents, brokers or lenders hosting meetups and prohibiting others in the same profession from coming.If you're hosting a...
I'm looking at a 2 unit deal in Chicago (2 flat). It also has a basement that I'm told could be made into a 3rd unit. Does anyone in Chicago know the legalities around this? Is it possible to turn this 2 unit into a 3...
I have been using a SDIRA and am now thinking that a solo 401k might be more beneficial. Any thoughts on the subject?
Looking to open a Self Directed IRA for my real estate investments. Can anyone point me in the right direction. Im from Chicago but doesnt have to be local financial institution.
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
I just closed on a purchase of several properties. In the closing documents the lender included a document called Shtar Isko. Below is a description of what that is. It has to do with Jewish law that prohibits chargin...
I'm reading Brandon Turner's Investing in RE with Low Money Down and I can't wrap my head around what a "Lease Option" represents. I understand that a lessee is paying rent + an option fee to live in the house while t...
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
So a house across the street is owned by an individual. His tenants that lived there before were a mess. We, as in the neighborhood, had issues with them on many occasions. We called the police multiple times due to l...
Hi all,I have a unique question on SDIRAs that I haven't yet found an answer to. Hypothetically, let's say that I make an all-cash offer on a property using 50% SDIRA funds and 50% cash. I do some work on the property...