I have a 401k from a previous employer and interested in the idea of using a portion of those funds for long term returns (buy and hold rental properties). I have two questions.1. How does a self directed IRA differ...
Anyone have any experience using a self-directed IRA account to invest real estate?Please share your experience and tips.
Also which custodian do recommend to open the account with?
Hi all!
Background:
I currently am a junior in college who is taking an internship opportunity this upcoming spring with an accounting firm in Dallas. I am currently living in a house in my college town my parents o...
Showing my house today . Showings were between 4 and 6 Pm . Had ALL these interested people that just HAD to see it . One showed at 5 pm and started on their sob story on the front porch . I told them they wont qu...
Hello everyone, I am trying to get into tax deed/sale, and had couple of questions. I understand every state has a different law in terms of tax deed/lien, and they go based on that. - I have encountered states like P...
Strategy Questions:I work as an 1099 for my "real job". I have an LLC and it is taxed as an S-Corp. I have recently stopped contributing to my 401K to use the money to save for real estate. But....I've been thinkin...
Hi all, curious on any advice or tips here. Inspection was schedule for today but when the inspector / my realtor arrive the power is off. They also noticed the furnace and hot water tank is missing / stolen. Selle...
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...
A lot of the time i feel like beginners lose focus because they're "why" for getting into REI (or lack there of) is not as strong as it could be. In my opinion, a persons "why" is the reason for going through the most...
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...