Tricia Miller
Inspections and permits on BRRRrs
I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
Garrett Fulton
Wait and see or keep on going?
Hello BP!!
After 4 months of reading everything I could on this site, in March I finally took the plunge and bought my first rental property in Baltimore Md. After getting the property leased up( using prope...
Sam S.
Private mortgage option - 20% down. Good idea?
Hello all,
New to the forums. I have the opportunity to purchase a home via private financing. Terms: Downpayment - 20% Interest - appx 5% Time - 20 yr
The person providing the financing is allow...
Kate Lee
Question for private/HM lenders: How do you verify the track record of a rehabber?
I would like to find out how private/HM lenders verify the track record of a rehabber. Your help is highly appreciated!
Eric Gabriel
$500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...
David Chance
Selling my rentals - Tax ramifications
Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...
Mark Spritz
Self Directed LLC IRA
I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
Hament Raju Mahajan
Self directing IRA money using QRP- Qualified Retirement plan
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
Adam Meadows
Need Advice: Self-directed IRA vs. Solo 401K
Hello BP,I need some help regarding how to proceed on determining a SDIRA vs. Solo 401K. I've got about $100K in a 403B plan (equivalent of 401K for non-profit organizations) from a former employer. I am currently an ...
Ryan Evans
I'm taking a field trip to Cleveland!
A lot of eyes are on the midwest these days so I thought I’d put an offer out there for all the BP folks around the country who have their eye on Cleveland, Ohio.I’ve personally placed a major bet on Cleveland as an u...