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23 January 2025 | 45 replies
You pay for what you get remember LOCATION , LOCATION!
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15 January 2025 | 15 replies
When the IRA invests in real estate using debt not only does it have to be non-recourse but the IRS says, you can use leverage but since you aren't only using IRA money for this investment the retirement account is going to pay UBIT on the income generated because of the debt.
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3 January 2025 | 1 reply
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $58,500
Cash invested: $55,000
Sale price: $155,000
Contributors:
Peter Vekselman
Partner Drive...
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15 January 2025 | 11 replies
I assume you would have to pay cash, because you have to spend all cash received to avoid taxes.
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13 January 2025 | 18 replies
because I was paying my bird-dogs vs having them pay me and just promise how someday, maybe just maybe they will bring the grand-slam of a deal and then I will be paying them oh-so much $$$$$ Seriously, from those buying into this I gotta understand how your mind works, no insult meant, I am genuinely intrigued and baffled because if it's a good deal you can go to any number of investors and get $, not a one will charge you for the opportunity to present them deal.
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15 January 2025 | 3 replies
If you aren't paying cash and are doing owner occupancy you may be able to use FHA instead of Conventional with a higher down payment.
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2 January 2025 | 4 replies
My frind in Omaha ended up picking up his second property sooner than he expected, simply because he’d built a small name for himself with one successful deal already under his belt.Are you feeling confident about the day-to-day responsibilities, or is there something else in the process that’s keeping you up at night?
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22 January 2025 | 12 replies
North side Chicago I have never even had to give a tenant a late fee and none of the tenants I have placed for clients have ever given them issues either, properly picked people pay like clockwork on autopay.
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4 January 2025 | 14 replies
After paying a competitive rate for the property management and ASSET management that the small operator does himself.
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7 January 2025 | 7 replies
Ideally they did not pay over retail because if they did they could easily lose the money they put into the property if the loan gets called.