Jon O.
Best Long Term Returns - Hold or Sell Investment Property?
Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
Mary Jay
Anybody have an out of state LLC operating in Pennsylvania?
Hi guys,Does anybody have a foreign LLC (an out of state LLC) holding ( owning/operating) a Pennsylvania property?
Sam Mathew
Legal - LLC vs Trust vs Personal Umbrella Coverage
Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
Shay Sherbotseli
First property decision on location Texas / Philadelphia
Hello everyone, first and foremost I want to express my gratitude for this wonderful forum. I am not a local and I am interested in purchasing my first property. I am seeking advice on the most ideal location in terms...
Ivana Ivanovic
Help me figure out if I am crazy or...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
Jay Helms
Mentor or Mastermind, which one?
If you had to choose one over the other, would you rather have an experienced Mentor or participate in a Mastermind, a group of like minded individuals pushing you to succeed while holding you accountable. Forbes defi...
Navid A.
How to get paid after a flip
I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wasn't un...
Marty Summers
Anyone pulling out 100k from their 401K penalty free?
During Covid-19...everyone has been affected one way or another. Who out there is withdrawing 100k per person (married) and buying real-estate? My wife and I already have a nice portfolio, this could get me out of C...
Harry Metzinger
Going from Traditional IRA to Solo 401(k)?
Hi BP, I currently have Traditional IRA funds that are invested in stocks, but lately I have educated myself about going the self-directed IRA route. I met with a self-directed IRA custodian yesterday. However, give...
Calvin Rankin
Is this something to worry about?
My wife is adopted but met her birth mom some years ago so we do have contact with her. The birth mom is a very shady person who does a lot of highly questionable things which is why I'm asking this question here.
Th...