Jordan Gilberti
Need a Broker's License to start a property management company??
I live in New Jersey and am currently in the process of starting a property management company. However, I came to find that in NJ you need a real estate broker's license to do property management. Does this mean that...
Jake Recz
Ohio Property Management - more hands on approach
Sometimes investing out of state is the only way to get decent cashflow. I suppose a lot of out of state investors want to be hands off. Now, what happens if you have a property manager, but you would like to be more ...
Jon Klaus
Managing properties held by your self-directed IRA
Can you manage properties held by your self-directed IRA? Assuming you do none of the hands on work? Same question for managing the rehab.
What if your SD IRA owns part of the property but you provide property man...
Pichael Miper Holmes
Recouping Startup Cost on W2
From all that I have read, and using that to base our organizational structure from the very start, I would love to know the possibilities of recouping the start up costs from setting up what my wife and I hope to gro...
Peter Haberz
Can you use SDIRA to fund down payment on FHA loan?
Hi All,Just starting out here. I live in sunny San Diego and would be interested if anyone knows if you could use a self directed IRA to fund the down-payment of an FHA loan for a multifamily home (2-4 units).Thanks,P...
Alvaro Narino
Non recourse lenders
Hello BP members,
Wondering if anyone out there has worked with First Western Federal Savings Bank or North American Savings Bank? These two banks were recommended to me by Equity Trust (custodian) and being new to h...
Account Closed
Best practices for bookkeeping if not under LLC
Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...
Matthew Thomas
Getting liability insurance on auction property before previous owner is evicted
Hi All,I have not gone down the path of auctions in the past and there is one near me that is currently occupied and will be auctioned off in the next few weeks. I am interested in bidding on it and as a part of my ...
Jeni Lu
Loan for a house owned by LLC
Hi! I have a rental house that is owned by an LLC. I was told by one bank that I would have to get a commercial loan because the house is owned by an entity, and not a person. How do commercial mortgage loans compare ...
Stephen Miller
SFH BRRRR with personal loan + CC financing
Hi everyone, I'm Stephen Miller and I'm a newer member to BP. I got my first BRRRR property two months ago (2nd rental first was LC). 4B/2BI chose to use my high credit score and use a personal loan and 0% interest cr...