Victor A.
Checkbook SDIRA LLC - how are taxes handled?
I am planning to open a Checkbook Self-Directed IRA LLC through a custodian that supports these accounts. I understand that you also need to obtain an EIN for the purpose of opening a bank account in the LLC's name, ...
Joe DiMaria
Bank Financing
I am a real estate investor in the Chicagoland area. My partner and I are currently fixing and flipping 2 to 3 properties/month. We buy all of our properties with cash. We are looking at renting out some of our proper...
Paul Spangler
Should I get an interest only mortgage and invest the principal?
I was talking with my boss recently about our mortgages, and I wanted to see if anyone else has done this.I just bought my personal residence and have a 30 year loan for $322k at 4.65%. He suggested that I get an int...
Matt Dickey
Selling my house without a RE agent
Wondering if anyone had any experience with FSBO or selling their house without a real estate agent? Selling my house in Littleton, CO and I know if I can get the word out that my house will sell. I heard from a fri...
Ryan Harner
19 Years Old Can’t Get A Loan
I have been wanting to get into rental properties for a little over a year now. I’ve picked up lots of books, listened to lots of podcasts, and am currently in the process of getting my real estate license. I’m taking...
Carlos Duran
How to find small owners who are interested in seller financing?
I would like to find a small mom and pop apt owner. Ideally I'd like to start with seller financing or maybe even do a master lease on a smaller apt building so I can learn the ropes. I'm not exactly sure how to fin...
M Marie M.
Historic landmark/districting a cautionary tale
This is a cautionary tale for "absentee" landlords and property owners who own properties in neighborhoods that are not yet historic districts. My day job and my neighborhood activism gives me knowledge, experience an...
Jonathan Johnson
Just closed on my First Multi-Family!!!!!
Hello BP,We just closed on a 4-unit apartment and I'm so excited! Here's the deal:We have a SFH that we are renting out because we had to move for job/family. We bought that house with the VA Loan. The VA loan allows ...
Vanessa K.
Best advice? 3 adult siblings looking to invest to gain momentum.
Guidance & advice would be greatly appreciated!------Quick Facts / upfront info:3 adult siblings looking to invest. Ages 29, 25 & 20. Full time jobs.Excellent credit scores ranging between 710-750 Gross inco...
Shane Hetzel
Dusting Myself off After a Rocky Start in RE Investments
Hello all. I had been involved with Better Pockets sporadically last year while embarking on my first real estate project. I did a condo conversion from the previously existing multi family structure and ended up doin...