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hello BP real estate geniuses! I could use some advice. A few months ago I bought a property that was mistakenly deeded to me instead of my retirement account. The closing attorney didn't ask who to deed the property ...
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Does anyone use this strategy for retirement purposes? I'm curious as to how difficult it is and how one qualifies for it. My wife stays at home with the kids and we run a small side business inside of an LLC. We have...
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Hi, need some advice!Next spring I will be putting my flat in London on the market. I bought it in 2010 with a mortgage (a private loan from a friend) the price has almost doubled by now, and as I got married to an Am...
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I see that many people in the BP forums state that you don't need an LLC for an STR, just the right kind of insurance. If I want to be 200% sure to protect my own personal assets and other future rental properties fr...
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I recently started a STR/vacation rental property management business. What specific numbers do I base my management fee off? The language I have seen says I should charge a percentage of "gross proceeds". Do the gro...
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Just turned 60 and want to move my money out of my workplace investments (mix of 401k, IRAs) with Fidelity. I own 3 homes (2 outright) and one is a vacation home rental that I owe just under a 1/2 mill on. Note: It p...
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I just got a quote back for a loan for a SFH in southeast Michigan. At $89k ask, there are $5,500 in closing costs ($1,500 of that is tax prorations) and then $2,100 in prepaids (insurance/taxes). The closing costs se...
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So I'm running the numbers on a property that I found, and I'm trying to see if they make sense to you guys...
Assumed:
30 Year Fixed Rate @ 7%
Loan Amount: $25,000
M...
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Hello,My name is Stacy and I am very interested in learning more about real estate investing and getting some real world experience. My very first job was as an administrative assistant in a real estate office, so I h...
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Can anyone provide information relative to the policing of activity in a SDIRA/LLC arrangement? How are things tracked to make sure transactions are non-prohibitive? Are there reporting requirements? I can see writing...