Cliff Harrison
Closed on properties #4 and #5 today
Had a six weeks gap between the first three and these two. The first three SFRs are all rented at or above the income assumptions with no surprises so far.#4 is a Duplex located in Grandview, MO. Both sides are vaca...
Jeff Harris
Decisions To Make, Advice Appreciated
Decisions To Make, Advice Appreciated.I have a 2 part plan to gain independence get started as an investor. Part 1) My company is being sold and I am getting a pension cash out of about 100k (the catch is I don't stay...
Candace McCutcheon
Cash or Accrual Accounting?
I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Justin Wren
Renatus?
Has anyone done the Renatus program? Worth it or just another scam? I have an old military buddy that did it and it appears he got a lot out of it and is now making money in real estate. He's recommended it to me seve...
Bob Malecki
Any opinions on ERISA rules in syndication/private equity fund?
Thought I'd put this out here for any serious opinions. When a fund deploys investor money that comes from an IRA or employee benefit plan or pension plan, that money is ERISA eligible and possibly subject to the 25% ...
Tim C.
Crowdfunding vs Turnkey -for passive investing/ wealth building
Hello good people of BP! I'm currently a armchair Crowdfunding RE investor and have been researching turnkey investments for passive income and wealth building. I have had pretty good #s ( 8% cash on cash) on aver...
Matt Millard
Is a self directed IRA even worth it?
Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
NaTarrio Jones
Rent Payment Reversed NSF but tenant says funds were available
Hello BP. I currently self manage my properties using Buildium and I love it especially the resident portal and ability to accept ACH rent payments. Recently after over a year of succesful payments a tenant payment ...
Michael Sholtis
Land Trust Banking Questions
Details: I am buying a building with a partner. I am using my self-directed IRA to purchase my half. We plan on taking the property in trust where he and my IRA are the beneficiaries and our trustee is just a mutual f...