
24 August 2020 | 3 replies
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

26 August 2020 | 1 reply
For purposes of uniformity within theFifth Circuit, ''final action" shall be construed to mean entry by the Courtsof an order authorizing issuance of a writ of possession by the Clerk ofCourt and subsequent issuance of such a writ by the Clerk with respect to a foreclosure or eviction referenced in Governor's Executive Order 20-180.

5 September 2020 | 12 replies
That's what's so nice about this site - 99.8% of people on BP are cool and respectful - probably because most are landlords and are living a decent life with a good amount of options and freedom.

27 September 2020 | 120 replies
I respect your strategy.

22 August 2020 | 9 replies
How should I respectfully push back on upcharging vendors fees?

13 May 2020 | 5 replies
You do increase NOI, but not by the leaps and bounds that were predicted.I know this can be dependent on comp properties in the respective areas and what they offer in regards to their tenants, just curious if that is the only litmus test for this type of underwriting scenario.

12 May 2020 | 2 replies
Now experience/luck has shown that treating tenants with respect but be firm with your lease leads to less turnover.

15 May 2020 | 26 replies
I guess I should not be shocked that some people in government have so little respect for private property ownership that they can commandeer property and infringe on contracts entered into by persons of legal age.

14 May 2020 | 8 replies
With all due respect to the PMs out there...how often you contact your PM really depends on how good the PM has been with the basic duties of proper tenant screening, rent collection, maintenance calls, utility reimbursement collection and timely owner disbursements and making sure your cash-in and cash-outs all tally up.

14 May 2020 | 3 replies
However if you pay them for their bid it shows that you respect their time and that you are a serious investor.