Mark Ostertag
How to not reveal you're the owner during tour?
Hello All, I've read that if you do your own property management, the number recommendation is to not reveal that you are the owner. (I'm planning to Owner Occupy a duplex as my first real estate investment purchase.)...
Don Konipol
Getting Ready to Start Getting Ready
These are actual instances of people not understanding what entrepreneurship is about1. A good friend of mine told me he started a company to purchase and manage surgical centers. He had no capital to contribute, no ...
Michael Forbes
Roth IRA/401k withdrawal for REI - Need Tax Help
Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...
Brandon Ingegneri
Utilizing a 457 Deferred Comp plan and Roth IRA to invest
I am aware of people utilizing self directed IRA's to invest. I have read here that people use their 401k's also. I personally know of someone who uses his pension plan from a private company to invest with. Here a...
Thomas Mehi
Where to put money while saving for the next down payment?
Where do you keep your money while saving 20 or30k for the next downpayment? Imagine it would have to be somewhere semi-liquid. I am thinking mutual funds? Other investments?
JJ Buckner
Under Contract On My First Rental Property!
First, I want to give a HUGE thank you to those of you that have inspired me and a HUGE thank you to Biggerpockets for being one of the main reasons I feel comfortable to make this large jump into becoming a Real Esta...
Natelya Glover
Property Management Software
Can anyone recommend a property management software/app that allows the tenant to pay rent and it is immediately deducted from their account?I currently use cozy which charges them a substantial fee and take a few day...
Judy Murphy
Tax benefits of separating rental income from pet rent?
Hello everyone. I have 3 rentals, one in Anchorage Alaska, and two out of state. With all three, I have Pet Rent. My property manager in Anchorage separates the pet rent from the general rental income on every stat...
Account Closed
When an REO asks for a Bank Statement and you don't have the funds?
As a wholesaler in Miami, I am making a few offers and they are asking me for a bank statement, before we used proof of funds from our transnational funding source. There are a few ways to do this but I want to know ...
Jon Gorham
Investing in syndications using an LLC
I am living overseas (in Japan) and I would like to invest as an LP in multifamily syndications using an LLC in the US in order to avoid paying taxes to the Japanese government on distributions from said syndications....