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Results (10,000+)
Account Closed New guy starting in McKinney, TX
1 March 2016 | 3 replies
I've been able to expand my original buy/hold rental business model into multiple avenues from conversations with other experts on here.You'll have fun here!
Mike Makkar Taking a CoC 50% plus return in a self-directed IRA?
4 March 2016 | 4 replies
Any financing in your model would need to be non-recourse, which is going to be more like $40-50K that you could pull out.  90% of that would go to you and 10% of that would go to the IRA - you can't choose to leave the IRA in the deal and cash yourself out.If the IRA is involved, you cannot rehab the house personally and would need to hire that work out.The use of debt-financing with an IRA introduces a tax known as UDFI, which will not add up to much, but is something an investor would want to understand if they pursue a strategy such as this.So could you embark on a strategy in this vein and generate good return for your IRA?  
Charles May Client wants us to be Chip & Joanna Gaines...sort of
25 October 2016 | 17 replies
You mentioned information, what specific items are you referencing? 
Andy Tomaswick PM Contracts
3 March 2016 | 14 replies
You can learn a lot about a PM and their business model by carefully reading and considering the terms of their contract.
Ziaur Zahid Leveraging or pay full price?
4 March 2016 | 13 replies
If you'd like to download it for yourself, play around with the inputs, or challenge my assumptions and model, you may do so in the BiggerPockets fileplace here:https://www.biggerpockets.com/files/user/ScottTren...Hope that helps!
Kusmayadi Djunaidi Buying turn key property
5 March 2016 | 20 replies
Many PM's go =out of business because they front repair items for their owners.. only to have the owner tell them to pound sand and move the property somewhere else thereby stiffing them for cost they fronted..
Elena Jobson I bought a "lemon"
2 March 2016 | 37 replies
But I would begin with raising a stink with your agent and the sellers agent to get the items they agreed to fix taken care of.
Brenda Whittaker Rehab Financing, Hire Someone to Create Portfolio of Experience?
1 March 2016 | 2 replies
use excel and just do a list of the assets:projects with the items I just sent you via email.
John Hixon Formulas for evaluating a MHP
2 March 2016 | 21 replies
You still need to go through the P&L's and figure out which line items need to be addressed.Bob, Nice to see you coming around trying to again educate me on CAP rate again.  
Curtis Steineke Auction and judgement question and advice
2 March 2016 | 3 replies
Yes, you get paid for items used to protect your investment plus interest.