Sandy Uhlmann
Is dealer status avoided if real estate activity is done using a self directed IRA?
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Scott Nipp
Offer price for possible first deal...
Looks like I am going to get to at least make an offer on what would be my first deal. This is a FSBO in Fort Worth, Tx. It is a fairly new neighborhood with most of the houses being built in the early to mid 2000s....
Hui Song
Opinion needed about working underground oil tank in northern NJ
Oil tank in old house is common here in New Jersey. I tried to avoid buy a house with oil tank before. Right now, a old house with working underground oil tank accept my lowball offer. I am debating with myself about ...
Tom Ashe
FHA loan and adding Units to 4plex
Hi all,I'm a first time real estate investor and I'm working on my first deal. I was able to find this off market in a HCOL area, and it's providing a couple of very interesting value adds.1) It comes with plans to a...
Marshall Secord
Rehab permits for finished basements and added baths
Hi BP, I've got a house in West Philadelphia that I plan on adding a bathroom and finishing the basement for. The basement already has huge ceilings and won't need to be excavated or underpinned. What I'm curious abou...
David Carl Lindahl
The ABCs of Apartment Investing to Maximize Profits
Apartment Investing Done Right
In a moment, I’ll explain how students of mine bought a $1,550,000 apartment complex with no money of their own down. Oh, and they walked away from the closing with $32,300 in their poc...
Liana Lorico
Need direction for first investment
Hi everyone,
I am new to BP and new to RE investing. I have a home in Hawaii which I purchased in November 2019 under the impression that it would be my forever home (RE investing wasn’t something I knew about). Purc...
Ashley Chris
How can I move my existing rental into LLC(or some legal entity)
How can I transfer my existing rental into a legal entity (like LLC). Appreciate any referrals to accounting or legal firms specializing in investment properties in Arizona. Thank you
Matt Fabian
Apartment Complex Opportunity
My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
Alex Duarte
Seller financing and capital gain taxes
Hey BP community! I've been wondering a bit more about seller financing as of recently (thanks to Pace Morby's ep). My question is if a person owns a property (rental) and they seller finance instead of selling the pr...