Timothy Sturgis
How can I fund flip projects from an i401k
I have recently formed an LLC with a business partner to flip properties. I have a couple 401k’s from past employment with nice balances that I would like to tap in to use as funding for our projects. The LLC is a 50/...
Ben Morris
2-family: How do I account for some shared electrical
I am in the inspection period for a 2-family where the owner lived on the lower level and rented the upper. The electrical is split per unit but there is a single furnace and hot water heater for the entire house. T...
Bill Coleman
SparkRent (from Intuit) discontinued
Just got this letter from Intuit that they are discontinuing SparkRent:We are writing to let you know that SparkRent will be discontinued on March 23, 2015. After this date, you will no longer be able to collect rent...
Brian Strauch
Property management start up
Any one here known how to start a property management company.
Account Closed
Purchasing a home without a Realtor / Real Estate Agent
A friend of mine is considering developing a portal that will help home buyers navigate the journey of completing their first home purchase. Since buying a home is a huge investment and can be daunting for first timer...
Andy B.
Factoring for a Flood Zone
I am trying to come up with a purchase offer for an estate sale house that happens to be in a flood zone. The neighborhood has a small creek that runs through a portion and happens to be in the back yard of the subj...
Jeffrey Campbell
Splitting proceeds on personally owned property and an LLC
So I bought a piece of property for $50k (owned personally) and developed it into a restaurant (LLC invested $125k). Now I’m selling it for ($175k) and am looking for suggestions in structuring the sale between myself...
Catherine T.
D/b/a as management entity
I am married, but own a single family home "separately" from my husband (quotations because he has marital interest). I purchased and financed the property in my name so as to limit his liability a bit and to protect...
Chad C.
Solo 401K for Real Estate investing
Hi BP,
I created a Solo 401K a year and a half ago and bought an 8 unit property with it.
The returns are good but I am looking to fund other Real Estate deals through my Solo 401K for 6-12 months.
Also potential...
Paul Munley
Foreclosure Unpaid Balance + Fees
I tried to find a specific answer to this question but was unable to find it. On a foreclosed home what is the importance of knowing the unpaid balance and fees? I know that any unpaid taxes on the home are owed by th...