Ok, to avoid Analysis Paralysis I am trying to take 1 action every single day to move towards my first SFH or MFH deal. I have met amazing people so far on BP, all of which have offered to help me in my journey and I ...
It appears that some of the brokers have cookie-cutter Solo 401k plan agreements for their customers. Reading through the agreements the plans allow for Real Estate & loans. I know mysolo401k.com allows their pl...
Hi BP!
I need help as to know whether or not it is normal for a landlord to ask a new tenant for their bank info (bank name, branch address, account number). The landlord is willing to accept post dated checks, ther...
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
What are best SD IRA's for real estate investing? And why only $7k per year max limit for over 50 year olds? Seems a tiny amount
- Do you charge move in fees?- Do you ever run into issues with this?if you do not charge a move in fee..... Where Do you end up putting the security deposit? Bank???
When is it appropriate to report the 12/31 value for self-directed retirement accounts?
Obviously with traditional types of retirement accounts there’s an actual market value at close of market on 12/31. What abou...
Hey all we are closing on our first deal and I was wondering how to set up the accounting to benefit me the most.....
Some info I think may help...
We are buying out of state, so we are using a property management c...
Just wondering if it's a benefit to me to use my 401(k) to invest in real estate?
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...