Danny Cerecedes
LLC Advice
Hey BP if anyone would like to share how they have their LLC set up that would be greatly appreciated!!I've already received some info on how to set up a LLC from a different post which was fantastic.Here's my situati...
Corey Depuy
Self-Directed IRA option/question
I've been doing some research about rolling over my previous employer's 401k (which is currently stagnant with the same broker) into a SDIRA. I'm reading that all of the typical rules of a retirement fund apply, where...
Saran Mandhadapu
How to setup parent and subsidiary business bank accounts?
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Celeste Fikiri
Starting My Portfolio
Hello Biggerpockets community,I am a delighted to have discovered Biggerpockets and I am hooked on the podcast and all of the resources. I need some real time advice on how to get started in real estate. My goal is to...
Austin Kuritz
POF for first investment
Hello BP,Im working on purchasing my first property. I've been analysing deal after deal that came through my funnel and I finally found an opportunity I feel is worthy of taking action on. The problem im currently fa...
Karen F.
Replacement value double actual value - how to insure at lowest cost?
We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
Angela DeBorja
Best crime data websites, Neighborhood research Baltimore
I like how Trulia has a color map for crimes around your target property, but I would like to get more info than it provides. Does anyone have recommendations for websites following crime in specific neighborhoods of ...
Jeremy Fields
Collecting security deposit remotely
I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...
Ernest Fox
Best way to offset unexpected large W-2 Income?
This year, the company I was working for was acquired. As a part of the acquisition, all my stock options were accelerated and paid out as cash through payroll. This payment will leave me with about $600,000 in W-2 ...
Account Closed
SDIRA or Cash Out My 401(k) – Help Me Decide (long post!)
Here’s my dilemma. I have ~$150k in an employer 401(k). My job ends at the end of February. After that my and my husband’s plan is to invest in multifamily rental properties, reinvesting all of the profits as we go in...