Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
Option D: you are considered a "disqualified person" to your IRA and as such are prohibited from engaging in any transaction in an IRA or receiving any benefits from the IRA (directly or indirectly), therefore I strongly suggest you avoid this option if you wish to stay out of trouble.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
It's your books to report how you want, and to me it's not not illegal at all to do what you are doing.
Collin Hays
I fired dynamic pricing today
28 January 2025 | 14 replies
I am trying to book a cabin, and one night it's $179, and the next night it is $329."
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
Have some very competitive prices to start with to get bookings and reviews.
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)?
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Ashley Kehr
Property Management Software
25 January 2025 | 4 replies
All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.
Michael Marden
2nd Long Term SFR by beginner in AZ
27 January 2025 | 2 replies
The listing showed a price and transaction history for the home.