Joseph Hammel
Funding a solo 401k from rental income.
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
Aaron Arnold
Note buying BRRRR equivalent
Is there a note buying strategy that would be roughly the equivalent of brrrr deal that allows you to retain and reuse your capital? Where do I go to learn more about it?
Jacob Bindler
Question to all your real estate agents out there
I am planning to sell FSBO and have an agent who for a small fee will take me through the process by advising me on what to do and how to go about it. He will not represent me in any negotiations, put his name anywher...
Michel Steele
Attacks of the Guru"s
Being a Newbie I have started my s-corp and LLC, got my business account opened, and working to get an account and lawyer, sounds great right?!. That was the easy part, now to work. i have made some small investment...
Daniel Ryu
Do friends follow through with investment money for new investors? What have your experiences been?
I was messaging with Bill Gulley the other day about financing and the topic of friends coming through with promised financing came up. He thought it might be an interesting thread to post, so here goes:What experienc...
Lance H.
Private Money
Hi everyone,
I'm looking to purchase a REO property in the next couple months to hold long term as a rental. Just like everyone else my problem is how to fund it. I have 15k in available credit and a dec...
Yang Zhang
Advice needed: existing tenant with below market rent
Hey BP folks,I just purchased a duplex (2b1b x 2), with the following numbers.- top unit: vacant (previous owner lives here)- bottom unit: $650/month (good tenants, rent never changed since move in since 2012, market ...
Victor Ramos
Newbie Taking Over A Property
Newbie here. This is a long one. Hello BP community. It's amazing how the universe aligns when you make the decision to focus your energy. I was finally bitten by the REI bug last year after reading an article on buil...
Mark S.
Tenant Late With Rent Last 4 Months, Should I Non-Renew Lease
I bought a property a year ago in Las Vegas. It had a pre-existing tenant who was there for the past few years.
He's been fine for the most part, signed a new lease in January with a very minor increase (I think 25 b...
Randall E Collins
Ghosting from buyers.
I have spent hours, and days, in search of distressed property and locating a buyer thereafter. Once I have completed my part, I then present the property to a potential buyer who said he/she is interested. The very a...