Hello All!I have called up a few CPAs and lawyers but they don't have much experience working with RE investors.Have you guys worked with any great CPAs and/ or lawyers that work with real estate investors?I'm in Ora...
I now have a motivated seller who is willing to go the “subject to” route; however, like many homeowners in a military town his mortgage is through USAA which is also his bank. USAA's website is essentially a "one sto...
My first two years of owning rentals, I just put appliances such as washer and dryer, stove, under "supplies". I have switched accountants and my new accountant asked me to use Quickbooks. Now I am not sure where to i...
I'm about to buy my first property un the united states as a foreign investor with my brother. We already got our LLC but we could not find a Bank that could open a Bank account for us. We Will have to use the ban...
My wife has a self-directed IRA through Equity Trust that she transferred over to several years ago. These are funds from an old account she had from a job she had years ago prior to us getting married. Is it okay t...
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...