Jonathan Chan
How Are You Using your SDIRA?
28 December 2024 | 6 replies
Other ways of using SDIRAs could be to invest in syndications, performing or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Plus the challenge with mid term is you are generally on the hook for things like internet, utilities, etc.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I have used this as well for tenants who don't use the internet and/or don't have a checking account of their own.Otherwise, yes, you could do the PO Box.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
He believes he can find all that he needs to know on the internet.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
24 January 2025 | 22 replies
The internet as wonderful as it is has also created a 'wild west' effect that is often unbridled.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
Your fixed costs could be something like the following: $5k property tax, $2k insurance, $3k utility (including internet and TV), $2k landscaping (mowing, weeding), $2k or $3k maintenance (if you have a pool or hot tub).
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
Paul and Special Financing Company both promised they would take care of this by December 27th and then just today in the mail I got two letters saying that they had transferred my loan to another company...That is the most insane thing I have ever encountered in all the years of dealing with shady businesses on the internet-!!!!