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Hi,, I am thinking useing self directed 401 k account.. my question: Can i use my self directed account to use for down payment only when buying rental property? if so do i just repay the precentage like 10% - 20% ...
Would anyone be interested in meeting up after Thanksgiving? Maybe we can grab beer/food and talk REI. Prospect Heights, Park Slope, etc...I realize there is already a group that meets regularly in the city.Thanks!
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Is anyone using this new service to unify telephone numbers, etc.? If so, would love to hear your reviews. I signed up and have a new phone number but before I go "live" and let everyone know via email and business, ...
Hello BP world,Given that Connecticut is a fairly unique market, I am curious what you're looking to buy? SFR? Multi? Are you looking to flip or buy and hold? Personally I've been looking outside the state but thin...
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I am new investor. I just bough my Triplex in April of 2019. I had no idea about tracking expenses or book keeping, so I simply did not. Come tax time. I go to my recommended CPA and he sends me home because he said i...
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We are starting our rehab next week on my 1st rental property. The house is in rough shape so we'll be doing a good bit of work: new roof, windows, flooring, cabinets etc.
How much of this can I deduct as repair c...
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I think I saw this topic discussed a while back, but I can't find it. I would like to have my new tenants agree to an auto draft from their checking to pay their rent in a timly manner. My bank said I could not do t...
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Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
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Hello I have a 401k worth 250000 and I am retiring from company> Im 55 years old and want to buy some rental properties for my 2 kids to rent from me.. I need the income from the rental properties now and was cons...
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new here at BP i hope i found the right forum for this question. I've been collecting rent through Venmo out of convenience and for tracking payments. I would love some feedback on any Cons y'all see in using this pla...