Brandon Eike
Looking to get starting with rental property investing
7 December 2024 | 13 replies
The first thing I'd recommend is focus on a market where you either 1) currently or have previously lived, 2) have family/friends that live there, or 3) travel to/vacation there frequently.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
If it does, then to me the answer is absolutely clear - take that money out and add more property.You will thank yourself a million times over when you see what that choice becomes in another 10 years. btw: I would add that I am very skeptical of anything in florida these days.
John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
I was a skeptic of PropStream in the beginning because I have MLS and I thought this program was just another $100/month expense that isnt useful.
Chelsea Pfeiffer
Out of State Investor looking to do STRs near the Smokies
9 December 2024 | 16 replies
He frequently works with STR investors in the Smokies River - thanks for the referral.
Isadore Nelson
Looking for Advice on Buying an Occupied Foreclosure in Brooklyn, NY
9 December 2024 | 15 replies
Cash for keys is common, and frequently the part that keeps tenants from moving forward is not having an affordable place to go to.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
7 December 2024 | 18 replies
However, fact patterns are frequently similar and and become easier to resolve (or run away from).The property is subject to competing spousal claims.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Even if the ROI is 1% or even 2% lower than others offer because you will actually see the return.With many TK providers the higher ROI they show the more skeptical you should be and even more research you need to do.
Timothy Holden
Has anyone used builder banc?
4 December 2024 | 37 replies
I was skeptical but was lied to by the "broker" stating that he had gotten 2 loans done with them and been paid.
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
I'm skeptical but I'm willing to test the water to something small first.