My Partners and I have been buying Brooklyn small multi's (2 to 4 Unit buildings) since 1998.We currently own 9 of these buildings in various neighborhoods including Clinton Hill, Bed-Stuy, Windsor Terrace and Ditmas Park.Total Assets would be somewhere between $15 and $20 Million in the portfolio.Every since we bought the first property, which was in Ditmas Park for $340k in 1998, everyone told me it was crazy.I continue to hear how crazy I am to continue to buy every one or two years since 1998.That $340k Property in Ditmas Park is worth $2 Million today.

Violating these rules can lead to severe IRS penalties, including disqualification of the tax-advantaged status of your retirement account.Each self-directed retirement account must have sufficient funds to cover all property-related expenses, as you cannot personally pay these expenses.

We like markets in the midwest and southern US, including Houston, Dallas, Fort Worth, Phoenix, Columbus (OH), Tulsa and others.

This would include architectural fees, new equipment, cost of protecting or defending your title to the property, or building improvements.

Look at the potential rental income and whether it will cover your costs, including property taxes and maintenance.Taxes.

Multifamily is optimal, but out of reach for many due to the price.Other options include doing a rent by the room situation.

The contractor took 3.5 months, and her mortgage was $1,500 not including utilities and landscape (oh and market/escrow time).

A complete pitch deck will include: We'll evaluate some live deals to make sure that your assumptions and ARVs are in line with what our underwriter says.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

A friend of mine ended up in a tough spot because he didn’t realize that improvements could be included in the exchange value under certain conditions.