Daniel Guillermo
IRA Custodian recommendation
I have decided to open a self-directed IRA to invest in rental property. I was wondering if anyone could recommend an IRA custodian that I could use. I'd like one that is easy to work with and has reasonable fees...
Kalman G Szabo
Pennsylvania Inheritance Tax Payment for a sheriff sale property
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Frank Adams
Taking one back in TX
Wow, it's been a year since I was on BP, good to be back. I've been enjoying my retirement in CO but haven't found any deals here, but I have a chance to get one of my flips in TX back, if I want it. Here's the scenar...
Mike Nowa
Need help with investment locations.
Good Afternoon all! I am a licensed real estate agent in NY and I’m looking for my first investment property. I saved enough for a nice down payment. Looking at homes no more than 200k. Where I live the market is...
Lane Kawaoka
Ideas for paying for College Expenses with Coverdell, 529s, etc
I spoke to a ate-stage college planning specialist. He helps parents of high school students plan and pay for college using strategies such as merit aid, need based aid, tax planning, savings and investing for college...
Wen Guo
Chicago multi unit - too good to be true?
Hi everyone, I'm from California and fairly new to the Chicago market. But I saw some incredible deals there (comparing to the Bay Area), for example, a 4 plex getting $2400+/month would ask for only 55k. I do know it...
Jane Du
What does it mean to leverage while accounting for cash flow?
Hi there. I am new to this forum and relatively new to real estate investing. I have one rental and two more currently under contract. All are single family homes that I am planning to hold and rent for the foreseeabl...
Account Closed
How Are You Syndicators Doing Your Underwriting ?
I thought I would ask from the perspective of the syndicator, what metrics are you looking to hit? I am familiar that there can be different structures , ( i.e. acquisition fee, mgmt fee, disp fee, pref returned , va...
Account Closed
Tax Savings as a High-Earning Dual Income W2 Family ($300k / yr)
“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?
My wife and I are fortunate enough to have two W2 jobs making ~$150k /...
Syed Lateef
Vacant lot retail investment development
I am new to real estate. My background is Finance from DePaul University.
My family owns a vacant lot the chicago land chicago area. The lot size is 100' x 125' (12,500 square feet).
We would like to know informa...