Russ Bramlett
Setting up a SDIRA Real Estate LLC?
I just sold most of my stock in one of my SDIRA accounts and purchased 2 condos that I plan to rent out. One condo is currently vacant and the other is occupied. I have an LLC set up for my other privately held proper...
Billy Ross
Why a bank doesn't record a deed until closing?
We purchase 5-7 REO's each month, and I have always had this question...
On at least 80% of the deals we do, the bank has not recorded the deed or CT, and they do not until right before closing. While it does not aff...
Jesse Daconta
1031 Exchange into a rental and then primary residence?
Hey guys,We have a friend that just sold a rental property and made $120,000. His plan is to 1031 exchange it into a rental in another location. After two years, they want to make this their primary residence. Is this...
Joel Oh
One platform strategy
Hi guys, I posted that hosts should focus on one platform to boost ranking instead of spreading out multiple platforms and I think I owe more explanation since all the seasoned hosts do not agree with me. Please under...
Johnathan Williams
Who is investing in tax properties in Alabama?
I'm interested in knowing who here invests in Alabama? The laws are very favorable here for the investor. I look at properties all the time down here and come across many opportunities. I have good contacts for contra...
Daniel Gerardi
Roth IRA conversion or rollover to a solo 401k. Is there a way ?
Hello BP Community ! I live in Phoenix AZ and in my quest to choose the best self managed retirement account (for me), that I can fill with a few hand picked investments from the NYSE to grow my wealth for retiremen...
Ryan Howard
Is starting an llc a good idea for flipping houses?
So I am looking to get my start in real estate investing by flipping houses. At first I plan on using a hard money lender to finance my purchase and rehab costs. Would it be a good idea to start an llc to do the deals...
Account Closed
Finding Owners for vacant houses
So i been driving for dollars lately and i've been sending out letters to the absentee owners for those vacant properties but theres a couple of houses i been trying to figure out where the owners are. I searched in P...
N/A N/A
Option deal on mixed-use - am I missing anything?
Got a 65 yo widow. Husband ran retail business in location and rented two 3 br apartments above. He dies, no interested heirs to take business. She's clueless about RE.
She enters into a 5 year with a commercial reta...
Melinda Rupard
Tax depreciation for pool
Good afternoon,I've been told conflicting information on this question from other sources, so I wanted to ask for clarification here. One of my rental properties has an in-ground swimming pool. When I bought the prop...