Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Hello everyone,
I have set myself a goal to purchase a single family home or 4 plex by August 2015. I have a good amount of money saved up & was wondering if it's a bad idea to use your own money? Also when purch...
I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...
Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...
Hi everyone!
I just opened escrow on my first property! It's a 3 unit, single building home and I am super excited about it. It's an old 1910 California craftsman style home with 2700 sqft in a historic nei...
I read alot of stuff online, including on this forum bagging on wholesalers because their making money flipping contracts. Honestly I see wholesalers saving time and money for investors, more like marketing agents for...