Stephen E.
Checkbook IRA/ Checkbook 401K: Its is Legal or Illegal
I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
Mario F.
asbestos found in my fourplex - how to proceed - loan options etc
Hello, so I had my fourplex tested for asbestos and they have found it in a couple of areas. This is in one unit of the fourplex so I'm assuming there is more in the other units. This will likely blow up my budget a...
Brian C.
How to analyze a multi-family deal before due diligence
I recently visited a 10 unit multi-family property with a broker and liked the property. In most circumstances, I request the rent roll and last 2years of financials, so I can run an analysis on the current actuals, t...
Jeffrey Gignac
Great tenant wants to get out of lease a few months early...
My first tenant to my first and only rental property is looking to move out and get out of his lease early for reasons having to do with the custody of his children and school districts. He has been a fantastic tenant...
Sean Chen
Should the tenant be responsible for the damage or landlorad
It was close to Christmas when my property manager called me and gave me the bad news: one of the tenants was celebrating his son's birthday and invited the boy's uncle to the party. They got into altercation and the ...
Account Closed
Here's How to Calculate Rental Income For Child Support
So, the day has come to finally figure out how much your rental property income will affect your child support payment. You won’t be surprised that many states consider that pretty penny a critical component when calc...
James W.
Eviction notice sent out on Day 3 of tenancy... oy vey
Howdy BP! I'm hoping to get some feedback before I make a mess out of an already sticky situation.Here's the deal: On a duplex I recently purchased, the upper unit was vacated before I took possession. Cool, because t...
Tim Porsche
Cheapest Way to Set Up Self Directed IRA
Hi All,I currently have a little over $6,000 in a 401k from one company, and a Roth IRA from a second company. I no longer work for either company, and would like to move that money into a self-directed IRA and invest...
Pat Bahn
Best Self Directed IRA trust companies?
I am looking to do a self directed IRA, i was thinking of using
the "Equity trust Company" www.trustetc.com.
Their fees seem reasonable, the service seems capable, and they
are out of Ohio which is not a hotbed of f...
Renee R.
Eviction for nonpayment of late fees
I have a tenant who has been late with rent payments since August. He's currently paid through Sept, but hasn't paid Oct. He has racked up $360 in late fees. He said Oct rent is 'in the mail' and that he can't pay the...