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13 November 2024 | 12 replies
There are other loan types that allow for 3-6 months seasoning of ownership with slightly higher rates.
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15 November 2024 | 14 replies
With that said, you have to be close to the lake or pools/clubhouse or in a golf cart type community.
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12 November 2024 | 10 replies
Here are some previous posts about the potential reality of investing in these types of markets: https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl…
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11 November 2024 | 12 replies
Also what brand, material and carpet type should I get?
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14 November 2024 | 40 replies
That means taking your time to study what you want to do (in this case what type of investing you are most interested in) and speak to those who have done it successfully.
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13 November 2024 | 11 replies
My workflow is much more involved with these types of tenants and includes a tour and I'm screening the tenant and the business I'm working with.
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13 November 2024 | 22 replies
If you have pre-tax and post tax Roth funds in the existing 401k, you will initiate a rollover into a newly formed Solo 401(k), with some funds dropping into the pre-tax bucket and Roth funds dropping into Roth bucket. 3) 3 benefits that I find many real estate investors are attracted to with the Solo 401(k): 1) Higher Contribution Limits (providing you have enough earned income) 2) Ability to contribute to Roth, without MAGI limits where you have to do a backdoor contribution, like you do a Roth IRA. 3) Exemption from UBIT/UDFI on debt financed real estate deals, this could be directly, or through a syndication type deal. 4) Now, we can proceed with, what about the caveats and qualifications to open and maintain a Solo 401(k): 1) You need to have earned income from the business/sole prop. that is sponsoring the Solo 401(k).
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12 November 2024 | 8 replies
First determine what type of syndication you want to invest in.
11 November 2024 | 3 replies
If this is the case, once their attorney reviews the lease and explains that they are indeed responsible for repairs, you could help out, if they don't have the money, and offer to pay for the repairs in exchange for a lease extension, or some type of repayment plan over time, etc.
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9 November 2024 | 10 replies
Is it possible or does anyone know of anyone doing these types of refinancing I am getting close to panic mode and could use any and all help.