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28 December 2024 | 1 reply
I borrowed $110K from a private lender for the purchase and self funded the repair of the offices. 3 months later, I rented 6,000 sq.ft. of office space to a corporation for $21,000/month + utilities for 5 years with another 5 year option.
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26 December 2024 | 11 replies
Rules and restrictions, and traps that don't apply to any other kind of businesses, only the rental market.I think this puts the landlord on the defense.
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12 January 2025 | 54 replies
When it becomes exploitative as it has with China, it's bad and defensive actions are required.
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17 January 2025 | 37 replies
If you do not like using links or self uploading docs, Clients are also always capable of sending email to the Processing Team, or Account Executive. 2.
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31 December 2024 | 15 replies
We self-financed this deal.
1 January 2025 | 24 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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30 December 2024 | 6 replies
From what I’ve read in Bloomberg, electing S-Corp taxation for your LLC might reduce your self-employment tax burden when you start paying yourself a salary.
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27 December 2024 | 3 replies
I've also heard about rolling over some money into a self directed IRA to invest in real estate, but that doesn't really solve my problem.
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30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
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28 December 2024 | 6 replies
Other ways of using SDIRAs could be to invest in syndications, performing or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more.