Good afternoon, I've been exploring options to acquire a property for long term rental in the Philidelphia area. I have found some options which seemed ideal in sync with the BRRRR method, however from looking on site...
What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
I'm trying to figure out how to ask this--I feel like I have 3 pieces of a 500 piece puzzle.
What I have:
-Self Directed Traditional IRA which has sufficient funds for a down payment for a property, but not for an o...
Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
I would like to learn more about the use of an IRA for the purchase of buy and hold properties. Are these properties held in an LLC that your own or in your personal name? Can you use these funds for any property, whe...
How many posts a day do you see on BP, FB, Insta, or any of the other social media platforms that end with "LETS CONNECT!"TOO MANY. And many go unread, ignored by many, because they really offered nothing in the post....
I've got a 401(k) with a previous employer that is not doing much in the market these days. I'm considering moving this into either a self-directed IRA (Checkbook) or a 401(a) under my own LLC. Any insight into either...