I just set up my LLC that manages my self directed IRA. What expenses are considered legal to expense out of this entity? My custodian seems conservative. Would travel to look at investments be legitimate? My custodia...
We are looking to refi our current house (pull some equity out) and use that to buy another home. We will live in the new home and rent out the one we refinanced. The numbers look like we'd be able to cash flow the re...
Ok, I'm going to admit that my first thought was the 20 billion dollar escrow fund was a load of crap. I thought it was a shakedown without any due process. I was thinking, like any conservative republican would thi...
I did something incredibly stupid that I wouldn't suggest for anyone, and as far as all I've read here, is NOT what you're supposed to do. But anyhow, I did it. I bought a single family house, that I intended to flip,...
Good morning BP members,We are looking to invest in the Detroit area but are unsure of the areas we should be looking for or areas we should avoid. If anyone can assist that would be much appreciated, thanks!
The property is a four family with some updated electrical and plumbing. The neighborhood is C rated area. I attempted to run a few quick numbers based off of statistical data and current rents. I would greatly...
I am looking for my first investment of a duplex which I'll be house hacking but taking the BRRRR route. I've been doing some research and found I may very well be eligible for "down payment assistance". If I'm unders...
Hello all, some say" just get a deal and then market it. Somebody will buy it." Is this what your process is? Do you as a Wholesaler go to any effort to get to know your buyers criteria in detail before marketing and ...
Is there any risk with the current administration on housing welfare.I have a rental unit that is profiting from section 8 as it pays higher in a poorer neighborhood. It was a good deal, so this unit can still profit...
Hi,So I'm getting started renting out rooms. I'm thinking to make one an Airbnb and the other a long term rental. In either case, I think it might be a nice amenity for a guest to have a lock on their door to "feel sa...