I have seen several questions and comments about the advisability of using the Checkbook IRA LLC structure. Although there are a number of firms pushing the idea we always try and point out the potential danger of do...
I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
My business partner and I have an initial meet and greet with an accountant to discuss setting up the business. We just established an LLC and want to discuss tax parameters, financials, cash flow, etc.. We are a yea...
I am set to close on an investment on July 29th. A few months back my in-laws gave us a check for 20K. I want to use roughly 15K of this to be put toward the 25% down. I didn't realize until yesterday when they tol...
I'm asking this question from a current rent (lease) situation. Example : A tenant just doesn't manage their monies well. So can I set up with an employer to pay the rent direct from their wages weekly?
I have been using the 4-Square method for analyzing rental properties for a couple of months. My question is at what point in time to you feel that you no longer need to stash 15% per month in savings for repairs for...
Good morning! I am about as new as new can get. I’ve read some of the BiggerPockets books and listened to the podcast but do not have any properties (yet). One of my biggest questions is when investors pay themselves....
I'm looking for some guidance on a self-directed IRA that I can easily trade public stocks. I currently have some assets with Directed Trust IRA in Scottsdale. Matt Sorenson,Mark Kohler's firm. I have also used Nuview...
Hello, What do you use to keep track of expenses (Quickbooks or any other tools)? Thanks,Olga
Hello, I am looking for your recommendations on a program to use to track/analyze a current property's performance.