I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them. Probably not the best decision as a newbie, but I think I did OK. I made a spreadsheet that subtracts ...
Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
Hello Bigger Pockets !! I have two rental properties, one I have owned since 2008, and One I purchased last month. But I'm finally going to invest in this idea all the way ! I love all the information on this website...
Speed and low risk are key. How will you play with bank money , fixer-upper, cash flow , equity value transformation and market environment to snowball the profit ?If you have $1M cash , how long will take you to make...
Is it necessary to send rejection letters to anyone who completes an application or only applicants who have submitted an application fee or background check fee?
Hello all,
As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed account...
For those of you who are unfamiliar, a man was able to trade his up from a red paperclip to buy an entire house in just under a year...
You can read the story and see the various trades he made here: http://en.wikipe...
I am an investor in distressed homes, mainly pre-foreclosures. Long story short...it has become quite a headache dealing with both the home owners through the entire short sale process and then the rehab of the homes....
Hello,
I have a question regarding LLCs...
My goal is form a new LLC for each project such a 519 Main Street llc etc for max asset protection...
My question is each time you form an llc it will take some $.
Do y...
Trying to figure out all the pieces I need to get to a point where I can invest from a solo-401k.My understanding is if you purchase a property from a solo-401k, you need to delineate the money if its funded from two ...