Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Investment Info:
Single-family residence buy & hold investment in Birmingham, AL.
Purchase price: $59,000
Cash invested: $59,000
Purchased with self directed ROTH IRA. It is in great shape for ...
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
Hey all!!I'm looking to buy a 40ac parcel of land for $320k in a fast growing area of colorado. I want it as a buy and hold for future development (10 years). I have 125k of my 401k to transfer into a self directed IR...
Obtaining private money for a BRRRR is pretty straight forward, but getting the refinance from a bank might be a bit more challenging. Currently, I am working "odd jobs" and certainly have not been employed by the sam...
My name is Kent Nielson and I'm stoked to be here! After some research and listening to a variety of podcasts I found BP. It's got the type of culture I admire and I look forward to being part of it. I've been in the ...
I’ve got a former partner that wants to sell me his duplex. He’s willing to “gift” me the 20% down payment and to get the loan and then owner finance that 20% over 3 years to pay him back. The problem is my lender say...
After purchasing a self storage property for $500,000, I was approached from another buyer who offered $1M. Seems like a no-brainer, but the guy wanted to level my facility just to put RV storage up. I though there mu...
Hi folks. I am a 22 yr old investor with one duplex under my belt that I bought when I was 20. Now I am looking at a self-storage unit facility closeby me. I am wanting to set up a partnership with my uncle for acquir...
I understand there is a requirement to be licensed real estate agent to be able to manage other properties in FL.
Is it enough for the property management company to have hired a part time or 1099 a licensed agent on...