Joe Sowels
HOW TO ACQUIRE MORE HOMES TO EXPANT STR BUSINESS
15 July 2024 | 11 replies
It's going to take time and LOTS of phone calls but keep at it, your consistency will make the ball start rolling.
Paul Cordasco
Question on Traditional IRA to Solo 401(k) Rollovers and UBIT Exemption
14 July 2024 | 1 reply
Does anyone know if traditional IRA (Individual Retirement Account) funds that are rolled into a Solo 401(k) are eligible for the UBIT exemption available in Solo 401(k)s when the UBIT is triggered by UDFI?
Solon S.
Real Estate investing in an IRA
15 July 2024 | 17 replies
I could've lent the money out or invested in notes, but I'm more interested right now in asset accumulation.I ended up simply rolling my SDIRA into my current 401k and taking a loan against that, thereby being able to utilize almost 100% of those funds (not quite at $100k in the 401k, but close) and purchase a duplex with a conventional 30 year loan.If I had $150k or more in my SDIRA I would have looked at other options, but with only $50k I found the path I chose to make the most sense.
Leon Lee
Seeking Advice on Next Steps for My Real Estate Focus
13 July 2024 | 8 replies
Take the profits from the AirBnb and roll them into apartments.Apartments may take longer to create equity, but I'd rather do one 50 unit deal than several smaller deals.
Andrew Postell
Fannie Mae makes House Hacking Easier
14 July 2024 | 12 replies
And while the borrower doesn’t have to come to closing with this money (it’s rolled into the loan) it’s still there – making an FHA loan have higher costs and higher APRs because of it.Are there any other differences between Fannie Mae and FHA?
Tammy Richards
For multi-unit deals, how do you estimate CapEx and maintenance?
14 July 2024 | 7 replies
@Helen Rolls , yes, I remember that article about CapEx expenses and it made a big impression on me - I suppose what's "easy" about this purchase/CapEx is that everything needs to be replaced fairly soon (half of the heating system, roof, foundation work, and windows!).
Glenn Hoffman
Zillow Drops Avail (Avail.co) for Listing Syndication
10 July 2024 | 9 replies
Zillow cease working with Turbotenant as well, and my experience was the same as yours @Glenn Hoffman.Now I list on zillow separately by myself.
Michael Baum
Crazy guests! Why?
12 July 2024 | 16 replies
The things people do never ceases to amaze me.
Nickolas Lipinski
Best way to obtain financing starting from scratch
12 July 2024 | 3 replies
Property is going for 65k and would sell for 135-145 after rehab.I wouldn't make a killing after expense cost but enough to get started and roll it into the next one.What says the forum?