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23 January 2025 | 5 replies
(Google UBIT or read Tom Wheelwright's book Tax-Free Wealth)Investing actively in real estate through an SDIRA voilates the self-dealing rule for IRAs.
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27 January 2025 | 7 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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23 January 2025 | 1 reply
@James JeffersonHi James,To buy out the property you need to probably apply for a loan through any lender.
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27 February 2025 | 44 replies
Do you hire the cheapest attorney because you are trying to save the most to hope that that attorney pulls through?
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22 January 2025 | 7 replies
But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.
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27 January 2025 | 10 replies
I know PA has a process to go through before you start a foreclosure, but have never seen a requirement to offer a mod.Sure, https://legal-info.lawyers.com/bankruptcy/foreclosures/delay...Under the Dodd-Frank Act, the bank must first wait until the payment is more than 120 days overdue."
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30 January 2025 | 13 replies
I went through the same thing with my first house hack.
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27 January 2025 | 13 replies
Most of the time, we resolve the situation in less than three months through cash-for-keys agreements, court mediation, or by creating enough pressure that the tenants decide to leave on thier own.We currently manage over 700+ units and flip about 20 multifamily properties a year, the majority of which have inherited tenant problems.
20 January 2025 | 6 replies
We go through Tilton, Thomas and Morgan, which is based here in Missouri.
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21 January 2025 | 59 replies
Hey Christopher, congratulations on making it through that mess.