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27 December 2024 | 19 replies
Yes, #1 isn't exactly true, but it makes a point that not every landlord and rental can expect to get an A/B class tenant.
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27 January 2025 | 35 replies
It’s flexible—you can invest in rentals, commercial properties, or syndications—but managing it requires careful attention to avoid prohibited transactions.In comparison, a SEP IRA offers tax-deferred growth, which might be better if you expect a lower tax rate in retirement, but it doesn’t avoid UDFI tax on leveraged properties or allow borrowing.Before investing, check if SDIRA Wealth aligns with your goals and review their track record.
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8 January 2025 | 14 replies
The IRS changed how they treat single-member LLCs (solopreneurs like myself) and I expect there will be more changes like in Illinois coming.
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8 January 2025 | 10 replies
BTW, you can do an LTR on any property - house or condo - without applying for a permit.In the right location, you should expect to see at least a 2x return on an STR as opposed to an LTR.
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11 January 2025 | 420 replies
Originally posted by @David Dachtera:Um, @Larry T.?
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6 January 2025 | 31 replies
Even completely self-serve laundromats require daily cleaning and light maintenance.As far as time costs, expect to spend time each week troubleshooting equipment issues, routine maintenance, cleaning, and handling customer issues.
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29 December 2024 | 14 replies
Quote from @Henry T.: I'm sorry in advance if I sound blunt or stern its how I work.
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28 December 2024 | 0 replies
Certainty in this industry is merely an illusory facade - costs and timelines often exceed expectations by double.
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9 January 2025 | 9 replies
I recently opened a HELOC and I recall it's at prime for the first year (7.5% currently), and I only paid minimal closing costs.PML or HML I would expect rates >10%, plus points, possible prepayment penalties etc.
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6 January 2025 | 57 replies
So In my calculations I expect all three to rise.I think we were saying the same thing.