Matt Borton
How to setup secure WiFi in my Airbnb
Hi all,
For Airbnb’s fast Internet is a must. I just got a new property that I’m fixing up and prepping as an Airbnb and I was able to get Blazing fast Fiber from AT&T. It came with AT&T’s default gateway/rou...
Matt Webb
What are the dangers of giving a tenant free wifi
Heyo,I'm new to BP and just bought my first home. I decided to start home hacking and renting out my walkout basement. I have very good internet and thought it would be nice to offer "free wifi" but not sure of the da...
Todd Willhoite
Solo 401k unavailable if have any business with employees?
I have a business with no employees for which I want to establish a solo 401k. I have another unrelated business with one full time employee. My wife has a business with four full time employees. Under the Controll...
Alex Silang
What series of events can blow through 6 mo worth of reserves?
Not counting COVID of course.
Does anyone have a story of cutting it close? I've been fairly lucky myself. My expenses and vacancies are spread throughout the years.
I don't want to get cocky though.
Thanks!
Brian R.
Self directed Ira and LLC partly owned by family
My wife's parents and I have a real estate investing LLC. The parents are the majority owners.
My dad is trying to convert his IRA to self directed. He wants to loan money to our LLC for flip deals.
What are the t...
Chris L.
Cost basis on discounted property
If you did a partial sale/partial gift purchase of a business from your parent and the purchased and gifted portions were discounted( lack of marketability and lack or control discounts)..... If you paid 350k for 51% ...
Fay Chen
What's a good resource for Self Directed IRA?
My parents are getting ready to retire in less than 5 years. Dad is going to a lot of retirement seminars but most of them are after his 401K & pension money. Mom is an investor in heart, so she's been eager to ge...
Kyle Cortez
How do I "buy" my parents' business?
Without being too specific, here's the scenario for a friend:A young college student wants to buy an investment property; it's a small apartment building with 11 units. Since it's over 4, a commercial loan is required...
Jack B.
People with destructive, wild, misbehaved kids during tours...
I've seen it for almost every rental. Rentals ranging from 500K to 750K in value. 2.5 to 4K in rent.
People show up with absolutely atrociously misbehaved kids. It's always just ONE kid, never people with multiple. T...
Matthew Terry
Will boutique assisted living thrive after this?
Hello BP Mates,
I've listened to a couple of podcasts about turning large 6+ bedroom houses into assisted living facilities and there is massive profit involved. Although the barrier to entry is rather high compared ...