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All Forum Posts by: Randy Smith

Randy Smith has started 2 posts and replied 3 times.

Post: Long disrance rental in VA

Randy Smith
Posted
  • Posts 3
  • Votes 4

Hello

I’m interested in buying a property to rent in either Norfolk or Virginia Beach. This will be a long distance rental, so I have some concerns with managing it. Are there any other issues out of the ordinary I should be worried about?

Post: FIRST BRRR Complete! Details + Pictures!

Randy Smith
Posted
  • Posts 3
  • Votes 4

@Robert Howard

Congrats and thanks for the details. I’m about to pull the trigger on my first rental, and you answered a lot of my concerns. I’m considering a partner, but not sure how the financial parts work.

Post: Solo 401k for rentals

Randy Smith
Posted
  • Posts 3
  • Votes 4

Hello

I am interested in purchasing an investment rental unit with my solo 401k. I would like to know if I could us my solo 401k to cover the deposit, and obtain a mortgage from a bank for the balance.