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Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
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My fiance and I have twin boys and two other kids. We have a wonderful house of our own and we both have great jobs. Dan is the owner of a successful construction company and I am in marketing.
We bought this small h...
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I would like to get into commercial apartments (say 20 unit) - but the only way to raise the cash would be to sell my residential multifamily properties. I have 4. I could likely then raise 200k.
Should I sell? Is i...
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I am in the process of planning a start-up high-end shoe boutique in my area. I am now at the part of finding financing along side finding a building. Now here's my dilemma:
I am looking for a commercial /ret...
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I am 21 years old and have been considering real estate investing for a while. I am a junior in college and have made up my mind, that this is what I want to do. It seems like there is a high earning potential, and ...
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Most people's eyes glaze over when you mention finanical statements and accounting to them. But I contest this is where the real money is made.
TRUTH = Once you understand your accounts you will make more money.
W...
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First, I want to give a shout out to BiggerPockets for giving me an avenue to gain valuable knowledge. I’ve been working at a job I used to love for over 20 years. The company I work for is great! With this in mind I ...
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I have been going out looking at properties for a long time in order to start a real estate portfolio, I am what is called a lookie lou ,cause I haven't closed on anything , i have come close on one property ,went as ...
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Here's the summary...
- CALIFORNIA RESIDENT, not moving any time soon.- Assume $1,000,000 short-term capital gain (with other income, so max-tax)Note that before the gain, I was already planning to buy a couple comm...
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Sold property in the city and looking to replace. Open to ideas, not liking what I am seeing so far. Will pay tax rather than buy something undesirable. Looking westside Portland, will be back at beach looking around....