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My husband and I bought a small multi-family last year and are self managing. We require 2.8x rent in income and included that in our listing. We have an applicant with 2.3x rent for income and commented on the appl...
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I have a friend that has experience white collar crime on her credit. Some how some one got a hold of here SSI# and even track down an old and expired bank account number.
The bank sent collection agencies after her. ...
Hello, I'm looking for a reliable custodian to roll my company-sponsored 401k into a self-directed IRA. I'm looking to purchase rental properties to supplement my soon-to-be retirement. Also, I'm looking for any infor...
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On a wholesale deal. $50k total sale, $11k profit. Double close process. 1099S form says $50k gross proceeds. Is wholesaler responsible for taxes on the whole 50k even though $11k was all they received???Or should thi...
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Haven't found any google searches talking about building a rental house. I'm wanting to use the LLC checkbook to purchase the lot and then have a contractor build the house. Is that possible? Any headaches?
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
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Hey everyone! Does anyone know if you can use 401k funds to purchase investment properties and do you recommend it?
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Hi All,I'm a new investor and wanted to leverage my 401K money in Fidelity for my upcoming investment deals. It's not much but I think I can better utilize and grow this fund in this industry.Can you please provide me...
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How do you pay an accountant for tax consulting? Is it an hourly rate? Or a monthly fee and you can ask questions anytime? I’ve never had an accountant but the more I learn, the more I see how important a real estate ...
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I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...