25 November 2024 | 11 replies
You can have a formula to pull the individual property tab income to this master tab.I have my ROTH IRA owned properties with a different colored tab and they are in a separate section on my master tab.
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1 December 2024 | 91 replies
I've seen numerous newer investors come to us for help after they've purchased a flip property in need of a massive rehab that did not know about the "FEMA 50%" rule.
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22 November 2024 | 7 replies
This has worked for me numerous times over the years.
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26 November 2024 | 6 replies
This is an IRA, just like any other self-directed IRA; however, it allows you to connect your IRA to the following: 1) You can use a checkbook IRA LLC type structure, for example, if you are purchasing individual rental homes, or an occasional fix-and-flip.
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25 November 2024 | 13 replies
That's a spreadsheet that doesn't transfer to a real life leasing scenario because its not permitted within the zoning code.If the property is zoned RM1, then perhaps you can lease to 8 unrelated individuals by converting the building into multiple units.
2 December 2024 | 17 replies
If not, you can always increase the rent to market value, but my guess is it being California, there are limits to rent increases.There are rent caps but they do not apply to single family homes owned by individuals (not LLCs or Corps)
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25 November 2024 | 18 replies
A scope is especially important on properties where the sewer line would be particularly expensive to replace (for instance, if the sewer line replacement would require breaking up and re-pouring a driveway, or removing numerous mature trees--these things can cost significantly more money above and beyond the cost of replacing the sewer line).
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26 November 2024 | 11 replies
How do hard money lenders that do not put them selves out to the public and lend only to 3 individuals I know that have LLC's.
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23 November 2024 | 15 replies
As an individual with an FHA loanI appreciate any additional guidance you all have for me.Thanks!
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27 November 2024 | 13 replies
Rode my bike around the area numerous times.