Elliot Jones
Any insight on using an IRA or a 401k to invest in real estate?
So I recently read an article about using a retirement account to buy real estate. I was wondering if any one had any advice/experience/insight. Greatly appreciated.
Ryan Billingsley
Snowball effect!
6 months ago my partner and I were starting our venture into real estate investing with only knowledge from this site and reading books. We quickly learned by taking action, asking questions, and learning from our mi...
Evan O'Brien
Bank Accounts for STR Expenses
When you start purchasing short term rentals is there a certain amount of bank accounts that you have for your monthly expenses associated with the property? And if so what type of bank accounts should you have for th...
James Sullivan
SDIRA checkbook status and credit card
I have recently went through the process of setting up my SDIRA with checkbook status. The bank that is housing the LLC insisted that I have a credit card. Is it a prohibited transaction to use the LLC credit card to ...
James Palassis
Deducting Expenses Before First Purchase
I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
Gareth Fisher
Debt Paying strategy
Im looking for creative ways to accelerate my mortgage. I don't want to use my cash all at once, because I want to keep my reserves high.So I'm looking at ways of getting cheap cash. Im thinking of taking a cash...
Billy Bell
Walkaway from 1st wholesale deal-buyer backed out at last minute.
Hello BP Community,I have my first wholesale property under contract, and had a cash buyer lined up until yesterday. He backed out at the last minute because of the septic tank. The septic system was inspected and is ...
Lesley Govan
How to keep property funds separate
Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
Mark Turner
Analysis on SD IRA vs 401k Withdrawal
Has anyone done a long term analysis on moving 401k funds over to a self directed IRA vs taking the early withdrawal penalties, tax implications, etc of just liquidating the 401k fund?My experience with a SD IRA ...is...
Jake Clement
Is my RE business desirable to private money lender yet, advice?
Making my RE portfolio desirable for private lenders, have we done enough yet?
My goal is simple, I want my LLC to stand on its own feet and continue to flourish and grow while being a very favorable, safe investmen...