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25 September 2018 | 8 replies
@Jacke Draper@Bill BrandtThe penalties for a prohibited transaction vary depending on whether it occurred within a self-directed IRA or a Solo 401k.
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17 October 2018 | 21 replies
I know the larger properties look great when they rent for $400+/night but that is where most of the headaches occur.
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1 October 2018 | 1 reply
Hey guys,I was wondering if there are any meet ups that occur in NYC and where I would go about finding some.
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28 September 2018 | 6 replies
Other Expenses; There are numerous other expenses that occur for each property.
26 September 2018 | 1 reply
It was her fault (although accidental) & it needed immediate repair to prevent further damage from occurring (ie, pipe broken by shoving a metal storage rack into the sink cabinet).
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27 September 2018 | 8 replies
Cash flow is not substantial enough to cover any significant repairs that may occur within the first year or two of ownership.
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29 October 2018 | 36 replies
When the crash hit we were in a better position than most.So if a crash occurs, rent them. keep them rented and ride out the wave.
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28 September 2018 | 9 replies
Also, through normal economic cycles—I would think a stock market correction may be naturally occurring in 12-18 months so I can accept a modest returnI only have exterior pictures of the property which shows it as “fine/livable”.
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12 October 2018 | 14 replies
Vacancy and Capex are not cash out expenses, they are reserves that you should hold for when you do have vacancy or a large capital expenditure - so you have funds to pay for those items - and they will be expensed or capitalized in the year/month they occur.
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3 October 2018 | 8 replies
., that occurs during the Rehab period and up until the property is fully rented.