Jeff Martin
Does my LLC need to be established int he same state as rentals?
Hello BP members. Newly motivated to get rental property under my belt with all investments held inside LLCs.I plan to relocate to Texas within the next year but looking at Morris\ Memphis Invest and other Turnkey pro...
Ken Martin
How To Do a 1031 Exchange For An Existing Syndication
Hi BP community, I am about to kick off a syndication/raise for a great multifamily property in the midwest, and a few potential investors have expressed concern around investing given they would want to be able to IN...
Ryan Enk
How We Just Got an $8.5 million 150 unit Apartment w/ OPM
I wanted to share this step by step journey that we just went through to acquire this 150 unit apartment in Orange Texas: and the lessons learned at each step1) We had to loose quite a bit of deals. Found a deal in ...
Account Closed
Seller's current tenant has a lease agreement for FREE rent!
Seller is out of state and inherited a property from seller's deceased father. Deceased father's girlfriend (tenant) has remained in the property rent free since the passing of the father over 1 year ago. Seller and t...
Trent Vanderzee
Sheriff sale gone bad: What would you do?
I've been buying at Foreclosure auction in Indiana (judicial state) with about 8 properties under my belt over the last couple years. I did a lot of homework and its been working out pretty well. Last Friday I pick...
Austin Davis
Self Directed checkbook IRA recommendations?
Hello BP,My brother wants to be a private lender to my real estate business and wants to use his Roth IRA money to do it. He lives in Des Moines, so I was trying to find him a local self directed IRA for him to roll ...
Alex Hugo
For people who self-manage
For most investors, I talk to that self-manage the reasons they give is that it is not economically viable when they have less than 40 units. This goes for single family and small multi-family. This is not the case ...
Bruce Clark
Does anyone make "standing offers" on properties?
Right now in my area, there are several properties on the MLS that would be great rental properties, but they are simply priced too high to make them viable. They either have unrealistic owners or realtors who do not ...
Kelly A.
Using Fidelity self directed IRA
Has anyone been able to invest in RE using a Fidelity self directed IRA?I want to invest in a private placement, but Fido says I can only buy from their list (I can ask them to vet a pp for their list, but you need at...
Account Closed
preselling a flip?
this is a new one for me, and wanted to see if anyone else has experienced this, or at least has some ideas... had a flip go on the market, and right away we got a few offers. we're under contract currently, but th...