Reid Westbrook
New Member from WA
Hi!
My name is Reid, and I currently have zero real estate experience. I spent several years in the Army, and got out a few short years ago. Unfortunately, my current career is in a related field; spending ...
Travis Howser
Property Management Fees and Commissions
Hi BP, A few questions about Property Management companies.1) Is it common that each time they find a new tenant to move into your property they ask for a 1 month commission fee?2) What would be an example of a 1 mont...
Gina Worsham
My FIRST wholesale!!!!
I'm so excited! This month I made my first wholesale deal and am so ready for the next one!
Ryan Shafer
Ambitious newbie intro and looking for advice and motivation
Hello All,
First off, an intro. My name is Ryan Shafer I am 42 years old married with 4 children. I am a full time Firefighter/Paramedic and I also own a masonry and concrete company for about 15 years. Prior to tha...
Keaton Reiners
Large portfolio through turnkey provider?
Hi everyone, still doing my research on how I want to jump in to REI. I'm curious how feasible it is to have a large portfolio (50+ units, mostly SFH) under a turnkey provider? Does anyone on here have experience with...
Dominic Ruegemer
Building Property Management
Maybe this is a Stupid Question.....As a Property Management company, how do you handle the money? Do you collect it, take your fee( placement/monthly fee), and then give it to the owner. Or do you bill the owner?Also...
Matthew S.
New Potential Investor in Charlotte, NC
Hey Guys,I am new to BP and love the site. My name is Matt and I have been very interested in real estate for many years. I am originally from Charlotte and love it here! I have worked for a property management compan...
Dan Riley
Turnkey: market or provider?
Hi BP, I'm new to REI and have been researching REI for the last 8-9 months. A recent BP Rookie podcast talked about buying turnkey properties. I'm curious to get some perspective from folks who've gone this route for...
Mike Moran
SEP IRA - disregarded entity?
Good morning BP!I work full time and have a 401(k) through my employer. I also have an Roth IRA personally that I contribute to. However, I utilize a disregarded entity to own and manage several small apartment buil...
Ed W.
Loaning Money to an SDIRA
Scenario:
An SDIRA owns a property.
The beneficiary of the IRA wants me to loan money to the IRA so that the property can be rehabbed.
My understanding is that the loan to the IRA has to be non-recourse.
My unders...