Dave Silva
work-around to avoid workers comp on myself
I'm looking at a renovation project that I would live in for a couple years. The bank requires a licensed contractor to do the work but I can work under him for whatever I want to do myself. The guy I have in mind s...
Gash Nag
Tenant not paying Rent: What are my Options?
I have this situation.. My tenant worked for a company paid by Federal government. Since January he has been telling me that due to Sequester his pay is delayed.. And in Late March I was finally told the Government ch...
Ernie Be
Inherited my stepdads property
My stepdad passed in early September and left me his home/truck. I could sell home for around 300k...he still owes vicinity of 150k. I know it's all a personal decision however I wanted to hear some opinions. I have t...
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...
Paul De Luca
Anyone else getting fraudulent applications?
I have a unit listed for rent in Chicago and I've received several highly suspect or fraudulent applications. Evidence indicating fraudulent applications includes:
-mailing addresses that don't match applicant's empl...
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...
Jason Luo
Should I just give up?
Hello everyone,
This is my first post, but my brother frequents this site so i'm around here from time to time. Anyways, I have been trying hard to secure my first loan, but I have been rejected by many of th...
Phuong Tran
New investor seeks info on syndication, fixer uppers, more
A warm greeting to all from the balmy tropics of Bangkok where I have lived since 2010. I have been out of the US for work since 2006, sold my one piece of real estate I owned there in 2016, and am looking to diversi...
Matthew Davis
Champaign Illinois too high to buy?
I’ve partnered with an owner of quite a few properties in Bloomington and Decatur. Together him and I own a 32 unit just outside Decatur, and it’s doing well. I have a few more units in Urbana that do ok, but not kill...
Curtis Steinman
Flipping in a Self Directed IRA
I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties. I will be buying the properties using case from the SDIRA and reinvesting the profits back into it. So I w...