
11 August 2024 | 2 replies
Here in Upstate NY (Watertown)Looking for an REI Group or something close, whether it be virtual or in person (due to COVID)I do consistent deal analyses, trying to network with others on ideas on how to go about with these fixer uppers and potential Buy&Hold properties I’ve found already

15 August 2024 | 23 replies
@Albert Bui I have done quite a few sub too's and I have had a few called. even though they were current... we of course just cut checks to pay them off.Where sub too becomes a disaster is when the person buying it then sells on contract to a sub prime buyer who then goes on to default.. and the person who did the sub too sandwhich does not have the means to make payments during the foreclosure process and or has the money to prosecute the foreclosure..

15 August 2024 | 21 replies
Ok, for anybody still interested, I located the applicable regulations.Performing repairs yourself on property held within your SDIRA fall under United States Code: Title 26, § 4975, subpart (c)(1)(C) which reads:(c) Prohibited transaction(1) General ruleFor purposes of this section, the term “prohibited transaction” means any direct or indirect—(C) furnishing of goods, services, or facilities between a plan and a disqualified person;As stated above, it is a little vague and subject to interpretation.

14 August 2024 | 6 replies
@Josh Darley hire an attorney to handle terminating this lease legally!

16 August 2024 | 7 replies
You can get these with rates starting at 6.75%, and they don't require any of your personal financial information since they're an asset-based loan.One problem many lenders can run into with condos in FL is whether or not the condo is warrantable or unwarrantable.

16 August 2024 | 2 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

16 August 2024 | 5 replies
Maybe sell the one or two that are older, worse area etc. you could use the money to pay off your personal or the loans on the other two.

15 August 2024 | 3 replies
I'll shoot you over my personals so you have them.

15 August 2024 | 18 replies
But I don't provide any personal bathroom amenities (i.e. shampoo), and my guests are aware of that.

15 August 2024 | 18 replies
You can sub all the work out and keep all your costs low for the rehab, even go in after deals that someone else might not be able to get because your costs of labor/work is a lot lower then the other person needing a contractor to do the work.