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9 December 2024 | 1 reply
Sounds like this was a TIC setup which seems an unusual investment for an SDIRA (and problematic, from what I understand.)Aren't you the beneficiary of the inherited IRA?
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8 December 2024 | 9 replies
I get paid within a day of arrival (I now set up direct pay so I will handle my own payments going forward).
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17 December 2024 | 29 replies
I always put a stove in my SFHs and a dishwasher if the cabinets are setup for one.
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10 December 2024 | 5 replies
Plus, with their pay-as-you-go setup has it to where you don't have to worry about a subscription.
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11 December 2024 | 8 replies
Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.
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9 December 2024 | 8 replies
A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.
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13 December 2024 | 5 replies
This setup allows for many different Housing Vouchers such as HOM INC, VASH, Regular S8, Rapid Rehousing, etc. etc. etc.
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10 December 2024 | 26 replies
So that $100k+ ED is coming from your pocket, before it can be reimbursed by investors.Legal Fees: you can't raise money without legal contracts setup.
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9 December 2024 | 3 replies
I started with a Michigan LLC/LP entity set up to hold the properties.
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7 December 2024 | 1 reply
We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.