19 January 2016 | 9 replies
As opposed to trying to get a loan on the property up front then refinance.

15 December 2015 | 2 replies
Are there different rates for suburban neighborhoods as opposed cities.

24 January 2021 | 7 replies
One angle I sometimes take is to explain to them all the additional expenses we, as new owners, will have as opposed to them who do much of the work themselves as well as debt service.Try to build a good rapport with your Sellers and find out if they won't come down on price if they will do owner financing and offer terms.

19 December 2015 | 13 replies
These are also called fractional interest agreements.As opposed to using an LLC, a TIC owner may sell and finance their interests as a conventional residence.
9 March 2017 | 17 replies
To benefit in any way from this property at this point would be considered a "prohibited transaction"6)Over the next 5 (or so) years, I will transfer the SDIRA into the ROTH SDIRA i)Each year, I will have to pay taxes on the amount of SDIRA I convert into ROTH SDIRA ii)This allows us to spread the tax burden over a several year span as opposed to getting hit with a big tax bill all at once.7)Once the SDIRA is fully converted to ROTH SDIRA (and wife is at least 59.5 years old), she can take the property as a distribution from the ROTH IRA without any tax consequence.I know this was a bit long.

12 October 2022 | 48 replies
We don't advertise the properties on the MLS but not opposed to it depending on the situation of the seller.

21 December 2015 | 18 replies
Double glass is usually sufficient as opposed to triple glass (depending on weather and noice conditions), but I would recommend a thicker glass (usually it is 3mm, but upgrading to 4mm glass would not cost much more and it would provide better insulation and resistance to accidental breakage).if you need any more info, just ask

26 December 2015 | 19 replies
I got a 15k lesson in that one this last year and two other BP members got even more expensive lessons with this one frequent BP poster :) I can laugh because 15k is not going to change my life.. but other investors this could be serious Its why I am in the 1% of BP frequent posters ( and it could be far less than 1%) that think that paid training is one of the best ways to actually get going in this business as opposed to thinking you can listen to a few pod cast read a few blogs read BP until your eyes bug out and your all of a sudden going to be a successful RE investor...

2 January 2016 | 42 replies
Rentals are SLOW way to growth.Only way you would be to buyong in the HOOD and trade one business for another set of problems and issues to deal with as opposed to your corporate gig.To replace 90k a year in passive income and say your lucky enough to buy units with leverage that make 200 a month positive cash flow you would have to buy 45 homes or a 60 unit apartment .. say you need 25% down your talking about liquidating 100% or more of your retirement funds ( which may not even be possible if they are your wifes as well). then risking it on Real estate you have just shed one job for another..

2 June 2016 | 31 replies
It might be easier to get $750 a month for each storage space and $3500 for the office/loft as opposed to $5000 for the whole enchilada.