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Self-directed IRA and LLCs
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Sharise S.
First Tenant Turnover Experience
Hello BP,I’m experiencing my first tenant turnover and I’m excited about the process. I purchased both properties with tenants so this is my first time screening and getting the apartment ready for new tenants. The pr...
Alyssa Lebetsamer
Who determines if we have a mold problem?
I have a tenant writing me to say that she has mold growing in her attic. She sent a picture and it doesn't look like mold to me. It looks like paint splatter. I have my handyman going out there to work on some issues...
KC Zhang
Property Management Contract Terms
I'm in the process of hiring a property manager in IL and found some terms in one property management contract hard to agree to. I'm fairly new to owning properties in IL, and want make sure these terms reasonable pra...
Heather De lap
Water bill is very high and no visible leaks
So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we...
Mayer M.
How are you dealing with increased costs to build?
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
Sandy Keller
Home Warranties Are they worth it?
I have seen ads for home warranties and of course the company tells me how great they are for rental property. Here is what I have been offered:
Do they really give what they promise? Are they really worth it or a...
Kaylee Walterbach
What 2021 accomplishments are you proud of?
Another chance to be featured in the next issue of BiggerPockets Wealth Magazine! In 50 words or less, let us know: What 2021 accomplishment are you most proud of? It can be real estate-related or anything else that y...
Gary Kane
Absolutely Confused...Let's Get Real about SOLO-401K's
I have been reading (scouring) the forum on SDIRA/SDIRA-LLC/SOLO-401K information, and am absolutely confused! And the more I read, the more cautious I am getting!So what is the real deal on these setups? Do I need t...
Joseph Mananquil
New Member from Los Angeles (South Bay)
Hello,Just stumbled upon this podcast when I did a search regarding real estate. I own a rental which was my primary residence for 6 years with a few partners in West LA. Just recently purchased a primary residence ...