Bryan Jeffries
72T provision for Real Estate Self Directed IRA
24 September 2024 | 2 replies
A 72-T exemption known as a Substantially Equal Periodic Payment (SEPP) is a pretty rigid agreement.I don't think you will be able to accomplish the rents-only goal.
Joshua Dunlap
New investor in Texas
26 September 2024 | 10 replies
The path to being financially free is a game of endurance and focus over a long period of time.
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
If you can get the leases, build your proforma and expectations on how you will operate, not on historical evidence.If the seller is willing to open the books once you're under contract, than build that into your offer and due diligence period.
Nadir M.
Tenant doesn’t want to place TP in waste basket
23 September 2024 | 81 replies
Most of us doing it a long time have developed systems so that we handle these things efficiently.
Cj Powderhorn
Typical time between tenants
22 September 2024 | 13 replies
There was no information shared prior to the increase.These seem like really long vacancy periods and poor communication.
Sara Emmanuelle Dube
Morning Side 2 Duplex Owner with Tenants - Update 5 Months into purchase
22 September 2024 | 12 replies
Not efficient management.
Nolan Dalton
DSCR LOANS. Where to get approved?
25 September 2024 | 37 replies
Some DSCR lenders will float the rate until the appraisal is back, leaving you open to having the rate changed during the floating period. 2.
Trenton Pelloquin
Bookkeeping for long term hold rentals
24 September 2024 | 8 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
Jake Tucker
Anyone here generate 50k+ gross from wholesaling?
22 September 2024 | 5 replies
I'm in the Providence RI area, I've been using deal machine to virtually d4d, I am trying to find the most efficient ways of finding a steady inflow of strong leads but I have only get loose ones.
John Micco
Difficult time finding insurance for a 3-family
24 September 2024 | 8 replies
The particulars are:Total SF: 5160Roof: Shingles, replaced 2001Plumbing: Mix of PVC and Copper, updated in 2014-2023Heating/ cooling: forced air, 3 furnaces replaced in 2014-16, one AC replaced in 2014Electrical: has been updated periodically from 2014-2023.