Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
Hi -My goal is to replace the income from my w4 job (about 3k/month after taxes) with "passive" income from rental properties. If I cash flowed $150 per property, this would mean that I would need 20 properties to mee...
Hi,I want to start investing in Los Angeles (where I live) but the market prices are really high for someone like me that is just starting out and have little capital so this can be a bit scary. I've been trying to le...
Have a second home looking to rehab to get full rent value. It's free and clear but my problem is my asking amount is either to low or the house only being worth $50k isnt enough. I just want the good ole collateral l...
I recently read somewhere, I think in Edelman's book, that if I bought a property for cash and then took out a home equity or some kind of note that the interest is not deductable versus if I purchased the property st...
Anyone know of any acquisition strategies in Puerto Rico? It's tough to find flexible, hard money, or private lenders down here. We already own a couple properties in PR free and clear and are looking to expand our po...
When you guys started out how did you determine a accurate repair cost figure? Where did you come up with this to determine your purchase price? I have been debating on getting the "Home Repair and Remodel Cost Guid...
I currently own 3 rentals (4 doors). All have mortgages, but all properties cash flow. The last property I purchased was a duplex and the gentleman I purchased it from has 5 additional duplexes that he is willing to s...
Hello fellow BP members! Question, I am interested in starting investing in real estate again, but need some advice. I have been viewing numerous bank owned properties in Springfield, OH under 20K most need around 10-...
I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...