I use Buildium with a mixed opinion.

You may try some of that too if you are mixing things up.

I may be missing something, but I think the idea was to somehow include a broker/realtor into the mix and for the OP to get compensated on the deal.

In fact it is likely less since it would have to melt or enter mixed phase to convert.

Property is a foreclosure in a historic city, with plenty of traffic. Asking price is 400,000. 7000 sq. feet.

Building is 3 levels.

First level is retail space that is currently rented at $2000, but lease is up in...

Mix in a little Jason Lewis to hear a contrarian conservative view.

I realize that this a mixed use building, but I would expect some more expenses.

I wouldn’t recommend any of this however.Assuming you’re doing many deals, in the long run an IRA LLC is much more cost effective than the death by a thousand cuts that will be inflicted by your SDIRA trustee as they nickel and dime you with their ongoing fees (have I mixed enough metaphors here?).

loc, to me the seller is done with the property....3 units are vacant, and the 4th is in nasty disrepair..i would think this seller doesn't want anything else to do with this property and has no desire to take the time to evict her...you can probably get a better deal by taking this hassle as your responsiblity...the seller doesn't have to do anything else, which makes your offer much more attractive...she is surely violating some form of the lease so you could evict...if not, you said she was month to month so give her notice...i like mitch's idea of giving her a few bucks to speed her up..i've done that a few times (albeit with mixed results)...either way, i think your best bet is to handle it yourself...good luck!

The trick is trying to optimize the mix of these items while maximizing rents and thus profit for the project.