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Results (10,000+)
John N Cook ROBS 401K for Fix & Flip
19 August 2024 | 5 replies
C-Corps usually aren't a preferred structure for real estate.I know that with a self directed IRA all of the income has to come back to the IRA - read another way - you can't take the profits from your investments and access them today (so no passive income that you can utilize in the near term).  
Greg Friedman Hiring a property manager vs doing it myself
20 August 2024 | 21 replies
@Deirdre Lizio thanks for the tips on foreign taxation, however that should not be an issue for us as we are not actually planning to stay in one place but rather be digital nomads.
Joe K. IL - Worth trying to collect on judgement?
19 August 2024 | 3 replies
In the meantime, they will apply for credit, apartments, and utilities through someone else's name.In regards to garnishing wages, unless the tenant works in a higher-paying field or for a certain company that pays more than other similar companies (doubtful), the ex-tenant is just going to leave their job and get another one, and you need to restart the process (after you find out where they are now working).
Jennifer Rysdam What all to give new buyer?
16 August 2024 | 2 replies
If I provided all of the information digitally, maybe I would keep a digital copy for ~6 months after the sale if the new buyer reached out for any reason.
Laura Yazdi Need Advice on a MTR in Los Angeles.
20 August 2024 | 11 replies
I could lower the price, but need to make $4200 to break even after 8% vacancy, maintenance 5%,  5% cap ex, monthly utilities, etc.
Jocelyn Bernstein Does being issued a Treasurer's deed wipe out all other liens?
18 August 2024 | 2 replies
Normally does not wipe out government liens like IRS, demolition, mowing, preservation, etc.Some place it also does not wipe out water/sewer/utility liens.IRS I believe has 120 days to act after the foreclosure, I can think the other ones sunset.
Teekap Pate Chicago high-rise investment
19 August 2024 | 7 replies
$1,000 a month is on the lighter side and upwards of $2,000 isn't unheard of.On the upside the fees often include utilities, internet, water, heat etc.
AJ Wong Why large Investment Property HELOC's are hard to qualify for and what to do instead
18 August 2024 | 3 replies
For example on SFR primary/second home properties, typically HELOC's are structured as a 30 year amortization, with the first 10 years usually being the 'draw' period (time to utilize and pay down the credit line) interest only and 20 years amortized principle and interest payments.
Ty M. Investing in US markets
19 August 2024 | 16 replies
Your success will be aided by utilizing local knowledge, assembling a solid team, and keeping up with laws and market trends. consultation with experts in both nations, such as tax consultants and real estate attorneys,
Jan Neruh Kelsey Recommendations on organizational tools/spreadsheets for rehabs/flips
16 August 2024 | 10 replies
Digitize physical receipts for easy storage.