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13 October 2024 | 11 replies
If not, do you materially participate in the syndication or are you simply a limited partner?
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10 October 2024 | 24 replies
Kyle first off, just because you may have had negative experiences does not mean you try and discourage someone else from attempting it.
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12 October 2024 | 9 replies
I simply said the issue wasn't a lease item, but he was welcome to walk over and talk to my tenant...he never did.
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11 October 2024 | 4 replies
Sure, in theory, the strategy this investor used might sound clever, but it’s also incredibly risky to rely solely on the compliance of a borrower—especially when they might not fully understand the terms or simply can't agree due to their personal situation.I have tons of ideas that might look good on paper, but I don’t pursue them because I assess the real risks involved.
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11 October 2024 | 2 replies
I earned good money as a server and simply used it to go on my next adventure and that was all I really needed.
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11 October 2024 | 7 replies
@Chris Seveney, you simply DON'T UNDERSTAND how investments work.
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10 October 2024 | 5 replies
Or if that’s not allowed sell it to a friend who will then sell it to my personal IRA at a discounted rate so when I turn 65 and sell the properties , I don’t have to pay any tax on all of my properties assuming I don’t sell them until they are in my IRA account… It was already mentioned, but to reiterate, it would be considered an IRC 4975 prohibited transaction if you were to attempt to take a property you own, or you own in an LLC and sell to your IRA.
10 October 2024 | 0 replies
Start by simply checking for water stains on the ceiling, which can indicate whether the roof is structurally sound.Many mobile homes have rolled metal roofs that can crack and rust over time.
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11 October 2024 | 10 replies
Simply trying to beat big box/Costco pricing and their retail prices aren't less.
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13 October 2024 | 24 replies
Most often because of wildfire risk or simply because it's an STR, but sometimes because of the high property value.