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...
Quick background for those who are new to REI: For liability purposes, it is generally preferred to hold real estate in an LLC (so if you're sued, creditors can't touch your personal assets, e.g., savings acct, primar...
Does anyone have any advice on how to turn their primary residence into a rental when upgrading to a new home? I want to keep my first house as a rental but transfer the title to an LLC. I understand that will activ...
Hey BP Family,I am hoping that someone can help me answer this question. Is it possible to buy a property from a Irrevocable/revocable trust? I see properties all the time that are held in these trusts, and I pass t...
Hi All,
I'm jumping in the deep end.
My first real estate investment is in the works and it's an owner financed 5 unit fully rented retail building. Owner has no loan against the property, so this is just between me...
Hi All,I'm new to real estate and just purchased my first property in Fayetteville, NC. I live in California so it's important for me to have a good team that I can trust in the NC area. I have a great property manage...
During the crash I was fortunate to be able to purchase 9 rental properties between 2008 and 2012 at incredible low prices. I am now 60+ years old and replacing toilets, climbing on ladders is getting old. I am try...
Hi! I am looking for real estate business advisors in Orlando. I need to set up LLC's and Land Trusts for investment properties. Can anybody recommend one that is not overly expensive? Thanks!
I am looking to open a self-directed solo 401k. What are the best custodians out there for self-directed solo 401ks? In case it makes a difference, I plan to use it to buy rental properties, probably with mortgages si...
Hi everyone! I'm a 16 year old girl and will turn 17 soon. I have about $13,000 saved up because of my small business and I'm also a social media manager. I really want to get into real estate and buy my first house w...