Bret Ballard
IRA lending new construction and llc or llp
I would like to buy some property and have a spec home built for resale. Then rinse and repeat the process. My brother and his wife each have 401k's from a previous employer that they aren't actively managing and are ...
Connor Corkrin
Security Deposit Bank Account for Tenants
Hey again all,So I'm just finding out that there is a law requiring tenant's security deposits to be held in a separate account at 3% annual interest. Is this true?If so, are these types of accounts common with local/...
Ryan Leake
Trying to make sense of residential STR regulations in Austin, TX? Here's what I know
Current status of residential Austin STR regulations:STRs must continue to be licensed, as the City of Austin will continue to enforce STR regulations[7]. In 2016, the city stopped issuing new non-owner occupied STR l...
Teck Kang
Strategy for existing home
The only house I bought to live in will be fully owned by the end of 2024. Some facts of the house:Location: Nassau County, NY, Town of HempsteadYear built:1929Purchase price: 290,000 in 2013Condition: AverageLot size...
Cedric Van Duyn
Question about Tenant Drug Suspicion
Looking for advice from those with experience: We manage a small multi-family property, and we have a strong suspicion of drug use in one unit. So far, there has been no disturbance to the community, but we want to ge...
Greg Dickerson
Commercial Development Process
Real estate development is a complicated capital intensive process and there's a lot you need to know and do before you put a property under contract or close on a property you plan to develop.
First you need to do a...
Michael Gessner
Open permits/non permitted work ???
Just received title back on a flip purchase, title revealed open permits/no co which I assumed would come back as its gutted and an as is purchase. However I just found out permits were not pulled for what work has be...
Gabe Bouldien
401k to Self Directed IRA
Hey BP, I work a traditional 9-5 and I have a pretty healthy 401k. I stumbled upon the SDIRA while researching different financial vehicles and now I’m curious. Ideally I would like my 401k to be a pass through accoun...
Jake Kain
Property management agreement
Hey BP! Hoping that I am posting in the correct forum.My grandmother has moved into an assisted care facility, giving power of attorney/attorney in fact to my parents. Her house is completely paid off and my parents a...
Terra Spino
Ceiling Firewall
Hi everyone, I have a friend buying a duplex for a rental. They are using a conventional loan and the appraiser is saying the ceiling needs to be a firewall. Anyone ever see this before?