Marvin Meng
Self Directed Roth IRAs
Hi BP-ers!Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by indi...
Zane Abner
Self-Directed IRA
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
Jonathan W Holmes
Opinions on REI Club First Meeting
So I'm new to REI but moving quickly to get my business moving. It's going pretty good so far and meeting four sellers next week. One of the first things I did was to attend a nearby REI club meeting. Now I underst...
Michael Brown
Refinancing - Lose PMI
Hello BP,I have a scenario that I need help with. These numbers are pretty spot on and a situation I am about to jump in on, however I don't understand the logistics of the refinancing piece.Say I offer to buy a SFH ...
Linda Pasas
To Insure or Not to Insure?
Hello fellow BP friends,I am frustrated with my property insurance and was hoping someone could guide me in the right direction. I bought 8 out of state rental properties within the last year and have insurance on al...
Roberto Moita
How risky to invest out of state?
I currently live in California and will take years before saving enough money to invest in real estate. I’m considering investing in other states. Housing prices are much more investor friendly than California. But th...
John Barnes
Loan with low Income but lots of Assets
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Max Vishnev
What You Need to Know Before Buying Your First Property
Buying real estate is more like a marathon than a sprint. It’s going to take a while. In fact, it may take months to get from the initial search process to the closing table.
So as a busy Realtor (NJ) and real esta...
Deniz Eker
Buying properties for appreciation rather than cash flow
Would you recommend in investing in markets where there is an appreciation in last couple of years but minimal to negative cash flow?If yes can you please convince me the reasons to keep a cash flow negative property ...
Gina Stern
Does fear stop you from taking big risks?
How many investors out there have let fear of losing money, stop them from taking a gamble on a property? Was it justified or did you end up regretting not making an offer?