Charles Mangum
Partnering with your children on real estate deals
My 11 year old daughter has about $12k in funds she was given from her grandfather. I have custodial responsibilities for that money. I was thinking of purchasing a property and I would be the credit partner and she...
Cynthia Chang
Had anyone use Strongbrook?
I recently heard that they have a 5 or 10 years retirement plan but I also heard from members that the cashflow is small. A member in biggerpockets said that he make $10.96 the first year in cashflow and around $2k...
Account Closed
$500k Preapproval- Austin TX House Hack Duplex POSSIBLE?
Preapproved for $500k looking to buy 1st house hack duplex in Austin TX or neighboring areas. When I run the math it’s always a huge negative cash flow… and I don’t have many options within my budget for places in nic...
Account Closed
NYC metro BP meetup
Would any members here be interested in a meetup in or around NYC? I know there are quite a few of us in ct, li, north jersey, and westchester so maybe we can make something happen in the next few weeks.
Elliott Hall
SD Roth IRA vs Typical LLC
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
Padric Lynch
Can I pay a contractor with cash and still write it off (taxes)?
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Weis Sherdel
How do I set up a partnership structure in a real estate investment project?
I live in the suburbs of Washington, DC and trying to embark on my first real estate investment. Since I don't have much capital or experience, I wanted to partner with a real estate friend who is willing to contribu...
Ben Smith
Self Directed 401k/IRA Intricacies
Hello All,I've almost been getting more and more confused the deeper I go into the self directed Solo 401k/IRA information.I have 3 accounts from my past employment that include a 401k, a Safe Harbor IRA, and money in...
Joshua Dorkin
BiggerPockets Saw RECORD Growth in January 2013
Hey Everyone -
I wanted to report in with some incredible news. January was our best month on BiggerPockets and we ended up just shy of a monster milestone: 500,000 unique visitors for the month.
That's right -- we...
Joshua Dorkin
HUD Home Q&A
HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...