Jonathan Stastny
House hacking, property management, and mult-family units!
Hi BP! My name is Jon and I am very new to the real estate investing industry and community. I have just started listening to the BP podcasts about two weeks ago, but have been listening for about 5 hours a day on a...
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tax ID& incorporate?
I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number i...
Pat McCandless
Self-directed IRA
When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...
Louise Whidby-Drake
Investing nationwide
How does one invest in property in another state other than the state in which they live when one is still bound to a 9-5?
Ashley Benning
My retirement does 6%--Do I drop it like it's hot?
I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
Nick Scalero
Self-Directed IRA questions
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
Aquila Oliveira
401k to SDIRA for rehabs
I was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
Chad Bailey
Want to Use IRA $ for REI - Who Do I Consult? Tax Att., CPA, CFA?
Hello and thanks in advance for any constructive advice,Long story short, I was laid off last year and cash savings are all but evaporated. I've chosen to fund my first REI with cash from my self-directed IRA. Can a...
Doug N.
Peak Rent 2015?
Hello Smart BP Folks -I am reading one of my favorite economist bloggers - Bll McBride at Calculated Risk - and I see an interesting article about rents and renters. I'm curious to see if anyone has some input on thes...
Cody Mau
New to Los Angeles Real Estate - Need Advice!
I'm brand new to the world of real estate investing and am looking to get started with investing in the Los Angeles market. While I'm most interested in starting off with renting single family homes, I've heard its di...