Chris G.
Sending Tenant to Collections Without Application?
5 November 2024 | 5 replies
Many management companies archive or destroy old applications because they do not want to be responsible for SSNs getting out to identity thieves.
Cynthia Leite
Hard money and or private money loans
6 November 2024 | 10 replies
During our first deal we'll look at communication and regular updates.
Jeffrey Hennen
Cost Benefits of Water Softeners
9 November 2024 | 5 replies
I will be self-managing this first rental, so I have wondered what the best way is to make sure the softener is regularly salted.
Orlando Kell
What is proper order of rehab work?
11 November 2024 | 36 replies
A regular GC might be able to assist with the remainder or all of the work to include foundation.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
You can also take the profit first approach and make sure you are taking profit out of your real estate on a regular basis to do with as you'd like.
Josh R.
What to do with a property that has too much equity?
12 November 2024 | 18 replies
I could sell my entire portfolio of 28 doors and pull the leverage lever OR I could sell this 14 unit and pay for something in all cash and do a lazy 1031 exchange, or do a regular 1031 which puts more pressure on the time frame.
Kristin Solbach
STR to LTR - is it possible?
14 November 2024 | 30 replies
LTR:The STR loophole can be a huge tax advantage because you can use depreciation and other expenses to offset your regular income, which is a big win.
Arron Paulino
How do Subject To Offers work for the seller? Won't the loan be called due?
7 November 2024 | 21 replies
Someone who knows and works the area regularly?
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
@George Bell my LLC's do two main things:1) Hide my identity, so tenants can't easily find me. 2) Separate my business and personal assets, income & expenses, not so much for tax purposes, but to avoid IRS issues.-- Just audited by IRS this summer for first time ever and had no issues!
Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
13 November 2024 | 22 replies
As you said you are currently still employed there, so you can't do it right away until you leave employment there.Second, once you've rolled over, you can setup your SDIRA as a regular account (where fund release has to go via your custodian) or setup a LLC checkbook option, where you can write out a check for your choice of investments.Yes you will have full control over the use of funds in your rolled over SDIRA.