Brandon Larson
Please Help: Property Management Policy Binder
30 January 2025 | 8 replies
First person I hired, I also had them write their own job procedures and so on.
Vidit Maini
Cracks Appearing in Condo – Normal wear and tear OR Structural Concern?
23 January 2025 | 9 replies
Not sure if the upstairs tenant (heavyset person with a dog) plays a role.Seeking suggestions.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Bob Asad
Anyone Have Success with Seller Finance & Terms?
8 January 2025 | 2 replies
If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
@Reyna AyalaI personally feel this is overkill.
Joe S.
Do aerial pictures seem to make a difference?
9 January 2025 | 1 reply
I’m not convinced it makes a real difference unless a person has a unique setting.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
Personally, I've bought older homes since I invest in mobile homes myself.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
I’m not a former IRS person.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.