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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
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Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
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We have a tenant occupied property in Detroit that is coming up on the end of the lease with the current tenant. The elderly tenant has been struggling health wise the last year and has been struggling to make her ren...
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Hello I am still new too investing, no deals. I am 22 and about to start a new job with 50% 401k match up to 6%. So I am able to gain “free money” but don’t know if I want to allocate that much money into the 401K whe...
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If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
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Came across a non collateral loan offer ( work as a physician and got a letter from a firm offering 50 K -200k for personal / professional use). Was Offerred rates of 5-6.5% after few phone calls, with early return pe...
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Perhaps you currently work a 9-to-5 job that’s wearing you down, and you’re looking for an escape. Perhaps you’re tired of the long commutes and don’t want to miss any more of your son’s baseball games. Perhaps you’re...
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Hello BP Community! I'm based in Los Angeles and am looking to purchase my first investment property with about $50K allocated. After attending local BP events and REI clubs, it seems overwhelmingly apparent that inve...
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Good morning, BPers. Hope your weekend is going better than mine. As you can see by the subject line, tenants at one of my rental properties have decided to increase their income by renting out rooms at the house th...