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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...
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Hi everyone. I just had an offer accepted for $230,000 on a 2,550 sqft triplex in Philadelphia which was built in 1925. The inspection turned up the following issues. Which of these do you think I should push to have ...
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What is the formula you use to run your numbers on a flip? I was recently listening to a BP podcast and Brandon talked about how every property has a number. How do you calculate your number?
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I have lower middle class rentals in Texas (rents around $900 for 3 Bedrooms). I am wondering if anyone has found that it is smart to convert gas stoves in old homes to electric. It seems that electric is easier to...
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I’m getting started in investing this year I’m looking to buy my first property this year and then three next year. All under 150k my question is from what I’ve seen once you get to four mortgages it’s hard to get mor...
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Hello BP, I am brand new to this and have not closed any deals yet. However, I have extensive real estate experience with connections to both investors and properties. I have been in the real estate industry as a cert...
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We have around $25K in several traditional retirement accounts. We'd like to invest in real estate and already have deals lined up. Which is better/cheaper from a tax standpoint- roll into an SDIRA and pay taxes later...
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Can anyone give me some insight on the USREIA "U.S. Real Estate Investing Association". I just discovered them; and I like them. Not a R.E. Guru. I finished their free 5 lesson video training, which was great. They wa...
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I am a licensed realtor. I am active in my neighborhood (professionally and friends) and I had a neighbor call me and let me know about a vacant house that would be prime for flipping. Her father passed and she’s look...
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Tried searching the forums, but nothing quite fit my scenario...
I inherited a tenant when I bought an investment property in May of this year. He has paid rent almost always on time and without too much of ...