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Hello, everyone. As I mentioned in my introductory post, I had purchased
my first piece of RE last month, and have a special warranty deed recorded in my name, which was done by the seller and prepared by his attorne...
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Hey everybody! Just a quick question for you guys. I’m looking at a property that has 5 units. It’s monthly income is $2,475. Asking price is 150k. I like that it’s well above the 1% rule. I’m still waiting to get the...
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Hi allI just bought my first house hacking property in bloomfiled NJ. It is a single family home in a legal 2 family zone with 2 floors and an attic. I plan to live on first floor and rent out the second Fl and attic ...
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I currently have tenants who pay through Zelle and with money orders. I want to move my checking account to a smaller community bank with fewer branches. While the procedure will be the same for my Zelle payers, the l...
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I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?
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Hey Biggerpockets Community! I have a tricky question that I cannot find any good answers for on the internet. Big fan of everything you give to our community. Here we go….So my dad signed over his estate (house an...
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I am considering getting my real estate license. I plan to buy several properties this year and I am assuming that I will be able to get +/_ 3% of the commission by having my own license.
What expenses will ...
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Hello,
I need help with long-term financial strategy questions for me and my family and hope the folks on this forum can help. Here is my financial summary:
* Both me and my wife have W2 incomes (AGI > 400K). Mos...
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Are there alternatives to Anderson and Royal Legal Services for the formation of a Statutory Trust (Wyoming or Delaware)? From forum posts on here, it seems like both have had client service issues recently. I don’t...
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Hey there !! I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment. But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me. I am ...